debt
confidence high
sentiment neutral
materiality 0.30
Plains All American extends revolver to Aug 2029; hedged inventory facility to Aug 2027
PLAINS ALL AMERICAN PIPELINE LP
- Revolver maturity extended from Aug 2028 to Aug 17, 2029; total commitment unchanged at $1.35B.
- Hedged inventory facility maturity extended from Aug 2026 to Aug 18, 2027.
- Both facilities replace CDOR with CORRA as Canadian benchmark and eliminate bankers' acceptances.
- One lender (Banco Bilbao) did not extend; its $64M revolver commitment matures Aug 20, 2027.