Plains GP extends revolving credit facility maturity to 2027, hedged inventory facility to 2025

PLAINS GP HOLDINGS LP

Amended two credit facilities on Aug 22, 2022; replaced Eurocurrency Rate with Term SOFR and Canadian Term Rate.
Senior unsecured revolving credit facility maturity extended from Aug 2026 to Aug 2027.
Hedged inventory facility maturity extended from Aug 2024 to Aug 2025.
Added benchmark replacement mechanism for Term SOFR or Canadian Term Rate if unavailable.
No changes to borrowing limits or financial covenants; refinancing/benchmark transition only.

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