Vanguard Natural Resources – Court Authorizes Access to $130mn in DIP Financing on Final Basis, $65mn of New Money and $65mn Roll Up of Prepetition Revolver

April 30, 2019 – The Court hearing the Vanguard Natural Resources cases issued an order authorizing the Debtors to (i) access $130.0mn in debtor-in-possession (“DIP”) financing on a final basis, comprised of (a) a $65.0mn revolving facility (the “DIP Revolving Facility”) and (b) a $65.0mn roll up (the “Roll Up”) of each DIP lender’s ratable…