V&E Aids Natural Gas JV On $800M Credit Facility

Law360, New York (August 23, 2013, 4:45 PM EDT) -- A Dallas-based natural gas services joint venture between Dominion Resources Inc. and private equity-backed Caiman Energy II LLC has secured an $800 million credit facility to finance its midstream operations in the Utica Shale, the venture announced late Thursday.

Blue Racer Midstream LLC, formed by Dominion and Caiman in December 2012, said it reached an agreement with joint bookrunners Wells Fargo Securities LLC and RBS Securities Inc. on the five-year, $800 million facility. The venture will use the newly available capital to support its aggressive expansion...
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