Stallion Oilfield seeks $250 million credit facility

By Sara Rosenberg

New York, June 1 - Stallion Oilfield Services Ltd. is currently in market with a $250 million senior secured credit facility (Ba2), according to a market source.

UBS is the lead bank on the deal.

The facility consists of a $75 million six-year term loan B talked at Libor plus 225 basis points and a $175 million revolver talked at Libor plus 200 bps, the source said.

Proceeds will be used to fund acquisitions.

Stallion Oilfield is a Houston-based provider of well-site services.

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