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MI - NGL Energy Partners replaces bridge loan with new term loan - June 2020

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NGL Energy Partners LP signed a new $250 million term loan facility with affiliates of Apollo Global Management, refinancing an existing bridge loan of the same amount from a year ago. The new loan, announced June 4, will take out the old facility that was arranged by TD Bank to help pay for NGL Energy’s acquisition of Delaware Basin water management company Mesquite Disposals Unlimited last summer. The new term loan matures in three......
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