Samson Forgoes Institutional Loan Market

Clouse, Carol J.
December 2011
High Yield Report;12/5/2011, p13
The article discusses the leveraged buyout of energy producer Samson Investment Co. by KKR worth 7.2 billion dollars. It states that the acquisition, the biggest leverage buyout, has left loan investors on the sidelines. It mentions that the debt package is comprised of a 2.25 billion dollar asset-based credit facility, a 2.25 billion dollar bridge-to-high yield bond facility and a 3.5 billion dollar equity.


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