Louis Dreyfus Highbridge Energy LLC closes $2 bn Senior secured credit facilities.

Louis Dreyfus Highbridge Energy LLC (LDH Energy) announces the renewal of the company's $2 bn senior secured working capital facility. The facilities refinance the company's existing $2 bn working capital facility that expires in Dec 2011 and will be used to fund general working capital needs including accounts receivable, the purchase of inventory and other corporate requirements. The transaction was well received by the market and is notable as the first transaction with a large 5-year …