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Prospect News home > News index > List of issuers H > Headlines for HOP Energy, LLC > News item
Published on 1/30/2023 in the Prospect News Private Placement Daily.

HOP Energy closes $75 million senior secured credit facility

Chicago, Jan. 30 – HOP Energy, LLC closed a $75 million senior secured revolving credit facility, according to a press release.

The lenders are Mountain Ridge Capital and Great Rock Capital.

Mountain Ridge will serve as the administrative agent.

The new credit facility refinanced the company's existing bank revolving line of credit and will provide additional liquidity to support the future growth expectations of the business.

HOP energy, based in White Plains, N.Y., distributes home heating oil and installs and services HVAC units. The company is majority-owned by Delos Capital.


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