Kansas City, Kan.-Coffeyville Resources LLC said Aug. 24 that it has closed on a $125 million credit facility arranged through Goldman Sachs Credit Partners. Coffeyville said that it secured the financing to assure adequate operating liquidity as it completes repairs and returns to full production at its 108,000 barrel per day refinery. The company’s nitrogen fertilizer plant and refinery were damaged during a record flood of the nearby Verdigris River June 30-July 1. Both facilities are in operation. Goldman Sachs is one of Coffeyville’s major stakeholders.
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