NEWS ARCHIVE

Lonestar in the money

LONESTAR Resources has entered into a senior secured credit facility worth $US400 million ($A386 million) underwritten by Wells Fargo Bank and participated in by Texas Capital Bank.

Lonestar in the money

The facility has a borrow base of $US105 million to be re-evaluated semi-annually, with a total maturity on the facility of March 14, 2018. According to the company, this positions Lonestar to increase...

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