debt
confidence high
sentiment neutral
materiality 0.55
DT Midstream ups revolving credit facility to $1.0B, extends maturity to Oct 2027
DT Midstream, Inc.
- Revolving commitments increased by $250M to $1.0B via Amendment No. 1 to Credit Agreement.
- Maturity of revolving facility extended to October 19, 2027.
- Interest rate benchmark switched from Eurodollar to Term SOFR.
- Collateral release and other amendments tied to achieving Investment Grade Event.
- MUFG Bank exited as a lender on the Incremental RCF Effective Date.