The energy sector default rate is expected to rise above its long-term average of 1.9% in 2015, according to Fitch Ratings. Low oil prices have pressured cash flows and liquidity of smaller, less competitive exploration and production (E&P) companies...
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April 28, 2015, 08:01 AM
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GB Credit Partners, LLC, the investment management affiliate of Gordon Brothers Group, announced it has co-agented a $30 million debtor in possession (DIP) facility to Green Field Energy Services, a well service provider specializing in hydraulic...
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October 31, 2013, 07:46 AM
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Petrowest Corporation entered into a new three-year, Canadian $50 million syndicated credit facility with GE Capital Canada. The new facility is comprised of two sub-facilities: a $45 million term facility which has been fully drawn and a $5 million...
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February 21, 2013, 07:25 AM
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