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Archrock lowers credit facility margins by 25bps, removes 0.10% spread, cuts commitment fee
Archrock, Inc.
- Third Amendment effective Dec 12, 2025 removes 0.10% credit spread from SOFR-based rates.
- Applicable margin on Term SOFR loans reduced to 1.75%-2.50% from previous grid (down 25bps).
- Commitment fee on unused portion cut from 0.375% to 0.25% per annum when utilization <50%.
- Floor for Adjusted Term SOFR, REVSOFR30, and Daily Simple SOFR set to zero.
- Amendment also ratifies existing obligations and confirms no default exists.