Hallador Energy signs $600 million senior secured term loan
The company entered a new credit agreement for a $600 million senior secured term loan facility led by Kennedy Lewis Investment Management, funding $550 million at closing to support turbine purchases, gas plant expansion, equipment acquisitions, and refinancing.
Hallador Energy said it entered into a new Credit Agreement for a $600 million senior secured term loan facility, led by Kennedy Lewis Investment Management, to fund turbines, expand gas plant capacity, acquire equipment and refinance existing debt. The facility funded $550 million at closing with a…