Momentum Raises $100M of Debt Financing
April 18, 2011- Share:
Momentum Oil & Gas, a Kayne Anderson Capital Advisors portfolio company, secured $100 million of debt financing from BNP Paribas, Union Bank and Bank of Texas. The company was legally advised by Locke Lord Bissell & Liddell on the four-year credit agreement. Momentum was formed late last year as a platform for acquiring and developing oil and gas properties in the Mid-Continent and onshore Gulf Coast regions.
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