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Atlas Resource to pay down term loan, revolver with notes proceeds
By Toni Weeks
San Diego, Jan. 10 - Atlas Resource Partners, LP said it will use the proceeds of its upcoming offering of $250 million of eight-year senior unsecured notes to repay all borrowings under its term loan credit facility and a portion of the borrowings under its revolving credit facility, according to a press release.
Atlas is a Pittsburgh-based oil and gas exploration and production master limited partnership.
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