Global Partners LP reallocates $150M from WC to revolver under credit amendment

GLOBAL PARTNERS LP

Reallocation of $150M from Aggregate WC Commitment to Aggregate Revolver Commitment, effective Feb 2, 2023.
After reallocation: WC Commitments $950M, Revolver Commitment $600M; total Aggregate Commitments unchanged.
Amendment permits up to two reallocations per calendar year, each minimum $50M.
No other material changes to credit agreement terms; all other terms remain as previously disclosed.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GLOBAL PARTNERS LP amended Eighth Amendment to Third Amended and Restated Credit Agreement with the lenders under the Credit Agreement valued at $150 million (effective 2023-02-02).

Action: amendment
Agreement: credit facility
Counterparty: the lenders under the Credit Agreement
Value: $150 million
Effective: 2023-02-02

Exact text from the filing

On February 2, 2023, Global Partners LP (the “ Partnership ”), as guarantor, and certain of its subsidiaries, as borrowers, entered into the Eighth Amendment to Third Amended and Restated Credit Agreement (the “ Eighth Amendment ”), which further amends the Third Amended and Restated Credit Agreement dated April 25, 2017 (as amended prior to the Eighth Amendment, the “ Existing Credit Agreement ” and as amended through the Eighth Amendment, the “ Credit Agreement ”).

View on SEC.gov

269 material agreements filed in the last 30 days. Browse all material agreements →

GLOBAL PARTNERS LP filing history →

Source: SEC EDGAR

accession 0001104659-23-011793

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.