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Lenders to Denver-based Resolute Energy Corp. amended its credit agreement to allow Hicks Acquisition Co. to consummate its $582 million purchase of the energy company.
Wachovia Bank NA, Wells Fargo & Co., BMO Capital Markets Financing Inc., Deutsche Bank AG and Fortis Capital Corp. mandated that Hicks and Resolute pledge all their assets to guarantee the loans in exchange for the waiver, according to a filing with the Securities and Exchange Commission.
