Callon has initially elected an aggregate commitment amount of $500 million. The bank syndicate, co-arranged by JPMorgan Chase Bank, N.A., Capital One, National Association, Citibank, N.A. and The Bank of Nova Scotia, includes four new lending institutions for a total of 17 participating banks. Callon currently has no outstanding borrowings under the Facility.
About Callon Petroleum Company
Callon is an independent energy company focused on the acquisition, development, exploration, and operation of oil and gas properties in the Permian Basin in West Texas.