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Article: ATP Oil & Gas Expands Loan Commitment.
- Article from:
- Business Wire
- Article date:
- September 14, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON -- ATP Oil & Gas Corporation (NASDAQ:ATPG) today announced that due to strong demand it has upsized its previously announced $160 million unsecured subordinated term loan facility to $210 million. The proceeds will be used to fund near-term development and acquisition opportunities and other general corporate purposes.
Credit Suisse acted as sole lead arranger for the financing.
About ATP Oil & Gas Corporation
ATP Oil & Gas is an international offshore oil and gas development and production company with operations in the Gulf of Mexico and the North Sea. The company trades publicly as ATPG on the NASDAQ Global Select Market.
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