Venoco, Inc. Intends to Launch Syndication of a Senior Secured Term Loan Facility

Venoco, Inc. today announced it intends to launch the syndication on April 12, 2007 of a second lien term loan facility of up to $500 million.
The term loan facility would be used principally to refinance Venoco’s existing term loan facility syndicated with the $456 million acquisition of TexCal in March of 2006 and to fund [...]

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