ORIX Energy Capital provided $30 million in senior secured debt financing to Campbell Development Group for the acquisition of the Illinois Basis oil-producing assets from Rex Energy
Rex Energy reaffirmed its existing $190 million borrowing base under the company’s senior secured credit facility. The Royal Bank of Canada served as administrative agent for the lenders.
A bank group led by Royal Bank of Canada has reaffirmed Rex Energy’s existing $350 million borrowing base under the its senior secured credit facility.
Rex Energy announced an increase the company’s borrowing base under the company’s facility by 15%, from $325 million to $375 million. KeyBank acted as administrative agent.
Paul Hastings represented KeyBank as administrative agent and a joint lead arranger and joint bookrunner in connection with a financing agreement for Rex Energy Corporation.