Home : April 2015 : April 03, 2015 News : Venoco, Inc. Announces Completion of Series of Strategic Investment Transactions

Venoco, Inc. Announces Completion of Series of Strategic Investment Transactions

April 03, 2015

DENVER, CO--(Marketwired - April 02, 2015) - Venoco, Inc. announced today that it completed $250,000,000 of new financings consisting of a private issuance of new First Lien Senior Secured Notes with an aggregate principal amount of $175,000,000 (the "First Lien Notes") and an interest rate of 12.00% due February, 2019 and $75,000,000 of cash secured Senior Term Loans.

http://www.marketwired.com/mw/release.do?id=2006567&sourceType=3
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