U.S. midstream energy company, High Sierra Energy has secured a credit facility worth $215 million. The new secured loan, which will mature in 2014, was syndicated by nine banks.
BNP Paribas Securities was the sole book runner and lead arranger for the facility. High Sierra will use the proceeds from the loan to refinance its existing debt and to acquire the remaining 40% interest in Anticline Disposal.
Click here for the release from Business Wire.