J.P. Morgan, BofAML Support Callon Acquisition of Carrizo

Callon Petroleum will acquire Carrizo in an all-stock transaction valued at $3.2 billion. J.P. Morgan and Bank of America Merrill Lynch provided underwritten financing to Callon to support the transaction

RBC Agents 20% Increase in Callon Petroleum’s Borrowing Base

Callon Petroleum announced the borrowing base under its revolver was increased to $300 million following its lenders’ redetermination process. The Royal Bank of Canada served as administrative agent for the lender group.

JPMorgan Agents Callon Petroleum Expanded Credit Facilities

Callon Petroleum announced the closing of an amended $500 million revolver and a new $125 million senior secured second lien term loan facility. JPMorgan Chase acted as administrative agent.