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Regency Energy Partners to draw on revolver for Zephyr Gas purchase
By Sara Rosenberg
New York, Aug. 9 - Regency Energy Partners LP plans to use borrowings under its revolving credit facility to fund the $185 million acquisition of Zephyr Gas Services, according to a news release.
The acquisition is subject to approval under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions.
Regency Energy Partners 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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