RAAM units amend loan terms to allow $50 million more senior notes

By Susanna Moon

Chicago, March 11 - RAAM Global Energy Co.'s subsidiaries amended their credit terms to allow up to $250 million of senior notes, up from $200 million.

The companies lifted the maximum allowable principal amount of senior notes on March 5 with Union Bank, NA as administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

The subsidiaries are Century Exploration New Orleans, LLC, Century Exploration Houston, LLC and Century Exploration Resources, LLC. RAAM guarantees their obligations.

RAAM is a Lexington, Ky.-based oil and gas company.

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