Global Private Group provides secured credit facility to Oilfield Service Company

NEW YORK - Sept. 19, 2013 - PRLog -- Global Private Group provides secured credit facility to Oilfield Service Company

Global Private Group has provided a senior secured credit facility to a Major Oilfield Service Company. The company is a provider of oil and gas field equipment for the oil and gas production industry, and has plans to develop midstream assets over the next three to four years, including gas and oil gathering, processing and NGL transportation. The secured credit facility includes a term loan, a revolver and amounts to $758 Million.

Company CEO said, “Financing provided by Global Private Group will allow us to continue to execute our growth strategy for midstream asset base while diversifying our sources of capital. Our goal is to continue to be one of the premier midstream companies by providing superior customer service and the region’s best opportunity to gather and process rich gas and oil and to market NGLs.”

Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products.

Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed.

Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals' industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success.