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FourPoint Energy Raises More Than $1 Billion In Financings, Acquires Assets

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January 31, 2014

FourPoint Energy LLC raised more than $1 billion of committed capital, including $200 million in direct private equity and $800 million in term debt from EIG Global Energy Partners LLC and funds advised by GSO Capital Partners LP, the company said Jan. 30. Additionally, FourPoint Energy entered with JPMorgan Chase Bank, N.A. (NYSE: JPM) and Wells Fargo Bank, N.A. (NYSE: WFC) into a $250 million credit facility, the company said.

Regarding the credit facility, Jefferies LLC was sole financial advisor, and JPMorgan Securities LLC was sole lead arranger and book ...

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