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Jefferies Finance arranges credit facilities for Ulterra Drilling Technologies

June 2011

Client(s) Jefferies Finance LLC

Jones Day represented Jefferies Finance LLC, as arranger, book manager, syndication agent, documentation agent, administrative agent, and collateral agent, in connection with senior secured credit facilities for Ulterra Drilling Technologies, L.P. and Ulterra, LP.

The proceeds of the credit facilities were used, in part, to refinance certain existing indebtedness of the borrowers and their subsidiaries.

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