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Published on 8/15/2011 in the Prospect News Bank Loan Daily.

Forbes Energy looks to add $75 million to coffers via credit facility

By Susanna Moon

Chicago, Aug. 15 - Forbes Energy Services Ltd. plans to enter into a $75 million secured credit facility, according to a 10-Q filing with the Securities and Exchange Commission.

The Alice, Texas-based oilfield services company said that it cannot assure it will be successful in getting the financing.


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