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American Energy–Utica Upsizes Public Offering, Amends Credit Facility

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February 21, 2014

American Energy–Utica LLC (AEU), an affiliate of American Energy Partners LP, upsized its recent public offering, American Energy-Utica said Feb. 19. At the same time, the company amended its senior secured credit facility to increase borrowing amounts under its term loan facility, American Energy-Utica said.

The public offering—of 3.5%, seven-year convertible, subordinated notes—was upsized to $750 million, up from $500 million, the company said Feb. 19.

The offer is scheduled to close Feb. 27, American Energy-Utica said.

American Energy-Utica’s term loan facility will have a borrowing capacity of $950 million, ...


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