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Friday 15 September 2017

Enterprise enters into revolving credit facilities to expand maturities

 Enterprise Products Partners LP (EPD) said that its operating subsidiary, Enterprise Products Operating LLC (EPO), has entered into new revolving credit facilities to extend the respective maturity dates of its existing credit facilities.
The new facilities consist of a $4.0 billion multi-year revolving credit agreement that matures on September 13, 2022 and a $1.5 billion 364-day revolving credit agreement that matures on September 12, 2018.
The new facilities replace EPO’s existing revolving credit facilities, and EPO’s aggregate borrowing capacity remains unchanged.

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