GLOBAL PARTNERS LP (GLP): debt financing — Global Partners LP amends credit agreement: $300M reallocation, $200M interim commitment increase

GLOBAL PARTNERS LP

Reallocated $300M from working capital commitment to revolver commitment under existing credit agreement.
Exercised accordion to increase aggregate working capital interim commitments by $200M for up to 364 days.
After 364 days, the interim commitment will automatically reduce to $0.
Other material terms of the credit agreement remain unchanged from prior filings.

item 2.03

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

GLOBAL PARTNERS LP amended revolving credit.

Instrument: revolving credit
Event: amendment

Exact text from the filing

Reallocate $300 million of the Aggregate WC Commitment to the Aggregate Revolver Commitment; and (b) exercise the accordion feature in the Credit Agreement and increase the Aggregate WC Interim Commitments by $200 million as provided in Section 2.13 ( Increase in Commitments ) of the Credit Agreement, for a period not to exceed 364 days.

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Source: SEC EDGAR

accession 0001104659-23-125376

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