Credit: Templar Energy exercises grace period for $1.45bn in debt


[Context: First Reserve and Trilantic Capital backed Templarin 2012.] Templar Energy LLC Elects to Exercise Grace Period for Interest Payment on Second Lien Term Loan OKLAHOMA CITY, March 22, 2016 /PRNewswire/ — Templar Energy LLC (the “Company”) announced today that it elected to exercise its grace period and defer making approximately $11.8 million in interest…

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