BJ Services’s $200 Million Term Loan

Choate represented Great American Capital Partners on the transaction

BJ Services, LLC secured a $200 Million senior secured term loan from Great American Capital Partners.

The transaction will provide additional financial flexibility for BJ Services, which operates the third-largest pressure pumping fleet and the second largest oilfield cementing fleet in North America.

BJ Services, LLC manufactures pressure pumping equipment to the oil and gas industry in North America.

Choate represented Great American Capital Partners with a team including John F. Ventola (Picture), Stephen J. Tonkovich, Melissa D. Waite and Saige E. Jutras.

Involved fees earner: Saige Jutras – Choate; Stephen Tonkovich – Choate; John Ventola – Choate; Melissa Waite – Choate;

Law Firms: Choate;

Clients: Great American Capital Partners LLC;

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Author: Ambrogio Visconti