Regency Energy draws on revolver for joint venture interest purchase

By Sara Rosenberg

New York, April 30 - Regency Energy Partners LP used borrowings under its revolving credit facility to fund the acquisition of about 7% of the Haynesville joint venture from GE Energy Financial Services, according to a news release.

The purchase price was approximately $92 million.

Regency Energy is a Dallas-based midstream energy partnership engaged in the gathering, contract compression, processing, marketing and transporting of natural gas and natural gas liquids.

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