Credit: Clayton Williams borrows $350m from Ares

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[Context: Reuters reported that this deal is the first of its kinds, and shows that private equity could become a lender of last resort.] Clayton Williams Energy Announces Funding of $350 Million Term Loan from Funds Managed by Ares Management March 15, 2016 05:14 PM Eastern Daylight Time MIDLAND, Texas–(BUSINESS WIRE)–Clayton Williams Energy, Inc. (the…

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