Colbeck Capital Management Provides $80 Million Senior Secured Debt Facility to Diversified Energy Company
Colbeck Capital Management has provided a $80 million senior secured debt facility to a diversified energy company focused on energy related assets. The company enjoys significant market diversity, owning or leasing over 250 million tons of proven and probable reserves.
Proceeds from the facility were used to refinance the company’s existing credit facility, fully collateralize its existing letters of credit, and fund general working capital needs.
Colbeck Capital Management has extensive experience providing strategic financing to support companies’ growth and refinancing needs.