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Consolidated Energy to launch $750 million credit facilities Thursday
By Sara Rosenberg
New York, April 18 – Consolidated Energy Ltd. is scheduled to hold a lender presentation at 10:30 a.m. ET on Thursday to launch $750 million of senior secured credit facilities, according to a market source.
Morgan Stanley Senior Funding Inc. is the lead bank on the deal.
The facilities consist of an up to $200 million revolver and a $550 million term loan B, the source said.
Proceeds will be used to refinance existing debt.
Consolidated Energy is an acquirer and developer of companies that focus on alternative waste management and energy production.
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