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Crimson Exploration to launch $150 million second-lien loan on Tuesday
By Sara Rosenberg
New York, May 10 - Crimson Exploration Inc. is scheduled to hold a conference call on Tuesday to launch its proposed $150 million second-lien term loan, according to a syndicate document.
Credit Suisse is the lead arranger on the deal.
Proceeds will be used to refinance existing debt.
Crimson is a Houston-based crude oil and natural gas company.
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