J.P Morgan Agents $750MM Facility for Bonanza Creek Energy

J.P Morgan led and served as administrative agent on a new $750 million reserve-based credit facility for independent oil and gas company Bonanza Creek Energy.

Bonanza Creek Enters into Restructuring Agreement

Bonanza Creek Energy entered into a restructuring support agreement to effectuate a proposed prepackaged plan of reorganization. The company is engaged with KeyBank, as administrative agent under its revolving credit facility, to renegotiate terms after it emerges from Chapter 11.

Bonanza Creek Draws $209MM on KeyBank Agented Revolver

Bonanza Creek Energy elected to draw down $209 million on its credit facility with a lender group led by KeyBank as administrative agent.