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Sable Offshore launches $1B secured loan to refinance Exxon debt (SOC:NYSE)

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Gas Pipeline In Front Of The Oil Pump

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Sable Offshore (SOC) down 2.3% pre-market Tuesday after saying it is launching a proposed senior secured term loan facility in a principal amount of up to $1B, which will replace its senior secured term loan with Exxon Mobil.

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