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Published on 10/1/2014 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily, Prospect News Liability Management Daily and Prospect News Private Placement Daily.

ZaZa Energy to refinance senior secured notes via reserve-based loans

By Susanna Moon

Chicago, Oct. 1 – ZaZa Energy Corp. said it plans to refinance its senior secured notes with proceeds of a new reserve-based debt facility.

ZaZa is working through term sheets to execute the reserve-based facility, according to a company press release.

Houston-based ZaZa is an onshore oil and gas exploration and development company.


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