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ATP Oil & Gas gets $100 million secured revolving credit facility
By Sara Rosenberg
New York, April 23 - ATP Oil & Gas Corp. closed on a new $100 million senior secured revolving credit facility, according to a news release.
JPMorgan is the administrative agent on the deal.
Proceeds were used to help refinance its existing bank debt and for general corporate purposes.
Other funding for the refinancing came from $1.5 billion of senior second-lien notes due 2015.
ATP is a Houston-based developer and producer of oil and natural gas.
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