Citibank Reaffirms Roan Resources $750MM Borrowing Base

Roan Resources has received commitments for a $100 million term loan and reaffirmed its current borrowing base of $750 million.

Citibank Agents $75MM Upsize to Roan Resources Revolver

Citibank served as administrative agent on an upsize of $75 million for oil and gas company Roan Resources’ revolving credit facility, increasing the borrowing base to $750 million.

Citibank Upsizes Roan Facility to $675MM

Roan Resources completed its fall 2018 borrowing base redetermination process resulting in an increase to $675 million from $425 million and a reduction in the pricing grid to a LIBOR spread of 200 to 300 basis points, which is lower by 25 basis points.