Brief: Kinetik Holdings Unit Entered Into An Agreement For A $150 Million Accounts Receivable Securitization Facility Which Matures April 2025
03/04/2024 21:19
April 3 (Reuters) - Kinetik Holdings Inc KNTK.N :
* KINETIK HOLDINGS INC - UNIT ENTERED INTO AN AGREEMENT FOR
A $150
MILLION ACCOUNTS RECEIVABLE SECURITIZATION FACILITY WHICH
MATURES APRIL 2025
* KINETIK HOLDINGS - INTENDS TO USE NET PROCEEDS FROM
FACILITY TO
REPAY A PORTION OF OUTSTANDING BORROWINGS UNDER ITS EXISTING
TERM LOAN CREDIT FACILITY
Source text for Eikon: ID:nBwQY1y3a
Further company coverage: KNTK.N
((Reuters.Briefs@thomsonreuters.com;))
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