Energy Partners has raised $460 million through commitments. The U.S. oil producer has raised $210 million by issuing 8.25% senior notes, due 2018, to fund the acquisition of oil-weighted Gulf of Mexico shelf properties.
The Louisiana-based company bought the assets from Anglo-Suisse Offshore Partners. Energy Partners has also secured a new $250 million credit facility with $150 million of undrawn revolving capacity.
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