| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for EXCO Resources, Inc. > News item |
EXCO Resources repays some revolver debt with asset sale proceeds
By Sara Rosenberg
New York, Nov. 10 - EXCO Resources Inc. repaid a portion of its revolving credit facility borrowings using proceeds from the sale of all of its remaining Mid-Continent oil and natural gas assets to Sheridan Holding Co. I LLC, according to a news release.
Total proceeds received at the closing were $530.2 million, subject to customary post-closing adjustments.
EXCO is a Dallas-based oil and natural gas exploration, exploitation, development and production company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.