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Williams Production RMT launches $400 million loan
By Sara Rosenberg
New York, May 12 - Williams Production RMT Co. launched a $400 million term loan B on Monday, according to market sources. Lehman Brothers was the lead bank on the deal.
Price talk on the B loan is Libor plus 400 basis points, sources said.
Proceeds will be used to refinance existing debt.
Williams Production RMT is a Denver, Colo. oil and gas company.
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