Brief: Crossamerica Partners Says Co, Unit Entered Amendment And Restatement Agreement

Crossamerica Partners LP

03/04/2023 12:07

April 3 (Reuters) - Crossamerica Partners LP  CAPL.N :
    * CROSSAMERICA PARTNERS LP - CO, UNIT ENTERED AMENDMENT AND
RESTATEMENT AGREEMENT
    * CROSSAMERICA PARTNERS - AGREEMENT PROVIDES FOR INCREASE OF
SENIOR SECURED REVOLVING CREDIT FACILITY TO $925 MILLION
    * CROSSAMERICA PARTNERS LP - A&R CREDIT AGREEMENT EXTENDS
MATURITY
DATE FROM APRIL 1, 2024 TO MARCH 31, 2028
    * CROSSAMERICA PARTNERS LP - FACILITY CAN BE INCREASED FROM
TIME
TO TIME  UP TO ADDITIONAL $350 MILLION
    * CROSSAMERICA PARTNERS LP - PARTNERSHIP ALSO HAS RIGHT TO
BORROW
SWINGLINE LOANS UNDER A&R CREDIT AGREEMENT IN AN AMOUNT UP TO
$35.0 MILLION

Further company coverage:  CAPL.N 

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