BPZ Energy Announces Funding of New $75 Million Senior Secured Debt Facility
BPZ Energy (NYSE: BPZ) announced today that the Company has entered into a $75 million senior secured debt financing with Credit Suisse AG Cayman Islands Branch, as Administrative Agent, and a syndicate of lenders. Credit Suisse International served as Book-Runner and Lead Arranger and Standard Bank plc served as Mandated Lead Arranger. BPZ Exploración & Producción S.R.L. is the borrower along with guarantors BPZ Resources, Inc. and BPZ Energy, LLC.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.