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nasco-refinances-debt-from-helium-assets-at-dbk-field-arizona
nasco-refinances-debt-from-helium-assets-at-dbk-field-arizona

NASCO refinances debt from helium assets at DBK Field, Arizona

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NASCO Energie & Rohstoff AG has completed an $83m securitization transaction to refinance the debt secured by its helium assets at DBK Field in Arizona, US.

Hamburg, Germany-based NASCO is the controlling shareholder of the DBK and has a long-term supply agreement with Praxair Inc., a Linde plc company, in the US.

Guggenheim Securities, LLC served as Sole Structuring Advisor and Sole Bookrunner on the transaction which was sold to an investment group led by Nuveen, a New York-based investment firm.

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