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Published on 12/14/2020 in the Prospect News Bank Loan Daily.

Ascent Resources to pay down revolver drawings with notes proceeds

By Sara Rosenberg

New York, Dec. 14 – Ascent Resources Utica Holdings LLC plans to repay outstanding revolving credit facility borrowings using proceeds from a $300 million senior notes offering, according to a market source.

Ascent Resources is an Oklahoma City-based producer of natural gas.


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