Stallion Oilfield Holdings Seeks Half Billion Dollar Loan
Psst, hey buddy, you got an extra half billion dollars you can spare? Stallion Oilfield Holdings, Inc., a privately-held oilfield services company that works in most of the major shale plays in the U.S., including the Marcellus and Utica Shale, issued a press release yesterday looking for one or more investors that will loan the company (yes) a half a billion dollars so they can a) retire older debts, and b) fund dividend payments to stockholders.
Here’s the release:
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