Delaware Basin Residue closes on new working capital facility

Delaware Basin Residue (DBR) – a borrowing vehicle owned by WhiteWater DBR Holdings (70%), FIC DBR Holdings (20%) and MarkWest Agua Blanca Pipeline (10%) – has signed on a $50 million five-year L/C from MUFG and SMBC. The working capital facility will be used to fund DBR’s Delaware...