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  ATP Closes New $1.05 Billion Senior Term Loan and Adds a $600 Million Asset Sale Facility (Business Wire via Yahoo! Finance)

  Posted: June 27th, 2008, 11:26am CDT

  HOUSTON----ATP Oil & Gas Corporation today announced that it has closed a new senior secured term loan facility. Key components of the facility include: Reducing its first lien senior secured term loan from $1.20 billion to $1.05 billion and extending maturity by over four years from April 2010 to July 2014 Eliminating the $210 million subordinated loan with an all-in interest rate of 15% ...