Exterran Secures $1.1B Loan

Natural gas compression services firm Exterran Holdings has received a $1.1 billion loan.

Natural gas compression services firm Exterran Holdings has received a $1.1 billion loan. A group of banks comprising Wells Fargo Securities, BNP Paribas Securities, Credit Agricole Corporate and Investment Bank, RBC Capital Markets and RBS Securities arranged the facility.

The loan is due to mature in July 2016. The latest credit facility will replace Exterran’s previous loan, which included an $850 million revolving credit facility due August 2012 and an $800 million term loan facility due June 2013.

Click here for the release from Business Wire.