Martin Midstream Partners LP

Description

Martin Midstream Partners LP has successfully amended and extended its revolving credit facility. The amended facility extends the maturity date by approximately 3.4 years to August 2023, decreases the borrowing capacity from $500 million to $400 million and contains an accordion feature of up to an additional $100 million. As of June 30, 2019 the partnership had borrowings of $225 million.

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Estimated Price
$400.0MM
Financing Type
Report Date