Sheridan Production Partners to launch $800 million term B on Monday

By Sara Rosenberg

New York, May 10 - Sheridan Production Partners is scheduled to hold a bank meeting at 2 p.m. ET on Monday to launch an $800 million term loan B, according to a market source.

Citigroup Global Markets Inc., Bank of America Merrill Lynch, BMO Capital Markets Corp., RBS Securities Inc., UBS Securities LLC and Wells Fargo Securities LLC are the lead banks on the deal.

Proceeds will be used to refinance existing debt.

Sheridan Production Partners is a Houston-based oil and gas production company.

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