BofA Agents New $150MM ABL for Basic Energy

Basic Energy Services entered into a new $150 million asset-based lending credit facility that is secured by its accounts receivable and related assets.

October 10, 2018 Bank of America | Basic Energy Services | Merrill Lynch | PNC Capital Markets | UBS Securities ABF Journal

UBS Upsizes Basic Energy Services ABL Facility to $150MM

Basic Energy Services increased its asset-based lending credit facility from $120 million to $150 million. UBS served as administrative agent for the transaction.

April 18, 2018 Basic Energy Services | Morgan Stanley Senior Funding | UBS ABF Journal

UMB Agents $100MM A/R Facility for Basic Energy Services

Basic Energy Services entered into a $100 million accounts receivable securitization facility with UMB as administrative agent.

October 2, 2017 Bank of America | Basic Energy Services | U.S. Bank | UMB Stanford Branch ABF Journal

BofA, U.S. Bank Agent Basic Energy Waiver Extensions

Basic Energy Services obtained extensions of its temporary waivers from its secured asset-based revolver lenders. Bank of America and U.S. Bank served as administrative agents for each extension.

October 19, 2016 Bank of America | Basic Energy Services | U.S. Bank ABF Journal