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Highpeak Energy Inc announced a $450 million preferred equity investment and an $800 million credit facility, which is expected to fully repay its existing $1.17 billion term loan. Citibank and Fifth Third are providing committed financing for the credit facility.
HighPeak Energy has announced a comprehensive refinancing transaction, including a strategic preferred equity investment, to enhance its financial flexibility. The company has partnered with PT Danantara Investment Management and PT Energi Mega Persada Tbk to support its growth and value creation initiatives.