Trident Exploration has raised a total of $354.02 million in a new credit facility and through the sale of unsecured notes. The Canadian company secured a revolving credit facility worth $171.8 million and issued unsecured notes worth $182.2 million. Trident used the proceeds to repay its previous long-term debt in its entirety and for general corporate purposes. The co-leaders of the credit facility were CIBC and ATB Corporate Financial Services and the sale of the 8.25% notes, due on April 13, 2018, was led by CIBC World Markets.
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