Southwestern Energy Borrows $750M to Pay Off Other Borrowed Money

One of the largest drillers in the Marcellus/Utica, Southwestern Energy, announced yesterday they’re borrowing $750 million in a three-year term loan–to pay off borrowed money. Yes, we know, it’s the American Way to borrow money to pay off other debts. Dave Ramsey wouldn’t be impressed–and neither are we. But that’s the way the game is played…

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