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SandRidge extends credit facility maturity, lifts borrowing base
By Sara Rosenberg
New York, March 29 - SandRidge Energy Inc. extended the maturity of its $1.75 billion senior credit facility to March 29, 2017 from April 15, 2014 and increased the borrowing base to $1 billion from $790 million, according to a news release.
Bank of America Merrill Lynch is the administrative agent on the deal.
SandRidge is an Oklahoma City-based oil and natural gas company.
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