Unit Corporation emerged from Chapter 11 bankruptcy. As part of the company’s plan of reorganization, Unit converted its existing credit facility agented by BOKF into a $140 million reserve-based lending revolving loan and $40 million term loan.
Goodnight Midstream expanded its revolving credit facility to $420 million from $320 million. ABN AMRO Capital USA and Wells Fargo served as joint lead arrangers on the transaction.
Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.
Superior Pipeline entered into a credit agreement with BOKF, formerly Bank of Oklahoma, as administrative agent for a five-year, $200 million senior secured revolving credit facility.
Main Street Capital expanded the total commitments under its credit facility from $560 million to $585 million. BB&T served as administrative agent for the banking syndicate.
Comfort Systems USA has amended its existing debt facility to increase the commitment amount to $325 million and extend the term. Wells Fargo served as administrative agent for the facility.
Mid-Con Energy Partners received commitments from its lending group to change the borrowing base under its $250 million credit facility from $220 million to $190 million. Wells Fargo served as administrative agent.
Mid-Con Energy Partners announced it received lender commitments to increase its borrowing base to $170 million under the company’s existing revolver. RBC acted as administrative agent, and BOKF, Comerica, Wells Fargo and Bank of Nova Scotia were participant lenders.