Navigator Energy Services closed on a senior secured revolver in the amount of $125 million with a lender group led by Wells Fargo as administrative agent and collateral agent.
Synergy Resources announced that the borrowing base on its Community Banks of CO-led credit facility has increased to $110 million. The lending syndicate included Amegy Bank, KeyBank, SunTrust Bank and Colorado Business Bank.
Hi-Crush Partners completed its previously announced acquisition of Hi-Crush Augusta. The company also closed $350 million in financing, including a $200 million term loan, which partially funds the acquisition.
Amegy Bank received the Small Business Lender of the Year award from Export-Import Bank of the United States. In FY 2013, Amegy reached more than $100 million in authorizations.
Exploration company Magnum Hunter said the company’s conforming borrowing based under its senior bank facility has been increased by $43.75 million. MHR said Bank of Montreal and Capital One served as administrative agent and syndication agent, respectively.