LNG Energy to receive $93 million in financing to fund Lewis Energy Colombia acquisition

Company

LNG Holdings Inc.

Law Firm / Organization
Farris LLP

Company

Macquarie Group

Law Firm / Organization
Stikeman Elliott LLP
A subsidiary of LNG Holdings Inc., formerly known as LNG Energy Group Inc., has entered into a definitive credit agreement with Macquarie Group wherein Macquarie will provide approximately $93 million (US$70 million) to fund the acquisition of Lewis Energy Colombia, Inc. As part of the agreement, Macquarie will provide a 5-year, senior secured amortizing loan to LNG Energy.
Financing/Investment
Energy
$ 93,000,000
Active