Highpeak Energy announces comprehensive refinancing
HPK•Highpeak Energy announced a $450 million preferred equity investment and an $800 million credit facility. It expects the proceeds to repay its existing $1.17 billion term loan in full.
1. Refinancing details
Highpeak Energy announced a $450 million preferred equity investment and an $800 million credit facility. Citibank and Fifth Third provided committed financing for the credit facility. The company expects the proceeds to repay its existing $1.17 billion term loan in full.
