Nine Point Energy gets $320 million term loan via AB Private Credit

By Sarah Lizee

Olympia, Wash., June 17 – Nine Point Energy, LLC got a $320 million term loan facility with AB Private Credit Investors LLC as administrative agent and lead arranger.

The purpose of the facility is to fund the growth of Nine Point's Williston Basin development program.

Credit Suisse Securities (USA) LLC acted as placement agent for Nine Point on the transaction.

Nine Point Energy is a private exploration and production company focused on the development of oil and gas assets in the Williston Basin of North Dakota. The company is based in Denver and has a field office in Alexander, N.D.

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