Daily News: December 21, 2017

Zenith Energy Pulls M&A Loan From Syndication


Reuters reported that Zenith Energy US Logistics Holdings, a midstream energy company, withdrew a $450 million loan from syndication.

According to Reuters, investors hesitated to participate in a credit facility exposed to unresolved issues “from an arbitration case and an expiring contract that could adversely impact cash flow, according to three sources familiar with the matter.”