Vanguard Natural Resources (VNR) Said to Seek New Lender as Banks Trim Credit - Bloomberg
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Vanguard Natural Resources (NASDAQ: VNR) is seeking new financing from private lenders after disclosing last week that a review of its credit line probably will leave the company overdrawn, according to Bloomberg sources. The company is meeting with lenders in New York this week as it seeks to pay down its revolver.
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