JPMorgan Chase Agents $125MM Revolver for SEACOR

SEACOR Holdings entered into a five-year revolving loan facility allowing for borrowings of up to $125 million. JPMorgan Chase Bank acted as administrative agent and security trustee for the lenders.

Compass Bank Provides New L/C for Par Petroleum Acquisition

Par Petroleum said it has acquired SEACOR Energy, which has been renamed Texadian Energy. Compass Bank will provide a new $30 million letter of credit to support Texadian’s crude oil operations.