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Coffeyville Resources Closes $125 Million Credit Facility

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-02
KANSAS CITY, Kan.--(BUSINESS WIRE)--Coffeyville Resources, LLC announced today that it closed on a$125 million credit facility arranged through Goldman Sachs CreditPartners.

The company said that it secured the financing to assure adequateoperating liquidity as it completes repairs and returns to fullproduction at its 108,000 barrel per day refinery. The company'snitrogen fertilizer plant and refinery were damaged during a recordflood of the nearby Verdigris River June 30-July 1. Both facilitiesare in operation.

About Coffeyville Resources, LLC

The group of companies owned by Coffeyville Resources, LLCincludes Coffeyville Resources Refining & Marketing, LLC, which is anindependent refiner and marketer of high value transportation fuelsthat operates a 108,000 barrel per day oil refinery in Coffeyville,Kan., and Coffeyville Resources Nitrogen Fertilizers, LLC, a producerof ammonia and urea ammonia nitrate, or UAN, fertilizers, thatoperates a unique coke gasification-based nitrogen fertilizer plantadjacent to the refinery and annually produces over 700,000 tons ofnitrogen fertilizer products. Coffeyville Resources Refining &Marketing, LLC is one of only seven petroleum refiners and marketersin the Coffeyville supply area (Kansas, Oklahoma, Missouri, Nebraskaand Iowa). Coffeyville Resources Nitrogen Fertilizers, LLC is, atcurrent natural gas prices, the lowest cost producer and marketer ofammonia and UAN in North America. Also included in the CoffeyvilleResources group of companies is Coffeyville Resources CrudeTransportation, LLC, a crude oil gathering system serving centralKansas and northern Oklahoma, and Coffeyville Resources Terminal, LLC,a refined products terminal in Phillipsburg, Kan. For moreinformation, please visit .

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