ARM Energy increases revolver by $50 million to $160 million

By Wendy Van Sickle

Columbus, Ohio, Dec. 14 – ARM Energy Services, LLC increased the capacity of its revolving credit facility by $50 million to $160 million, according to a press release.

Rabobank is administrative agent, bookrunner and lead arranger of the senior secured revolver.

“This increased credit capacity positions ARM Energy strongly to meet the needs of our growing end-user customer segments. The energy commodity fundamentals are increasingly driven by global factors, presenting both challenges and opportunities for customer segments. In line with our mission, ARM Energy remains committed to adding customer value through responsible management and transportation of energy commodities,” Zach Lee, chief executive officer of ARM Energy Holdings, LLC commented in the press release.

ARM Energy is an energy marketing and infrastructure firm based in Houston.

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