Plains All American replaces PMCULC with PCLPULC as borrower under credit facilities

PLAINS ALL AMERICAN PIPELINE LP

On Feb 26, 2026, PAA amended its Revolver and Hedged Inventory Facility to substitute borrower entities.
Plains Midstream Canada ULC (PMCULC) replaced by Plains Canada Liquid Pipelines ULC (PCLPULC) as borrower.
All commitments to PMCULC terminated; PMCULC released from obligations and liens on its collateral released.
PCLPULC becomes a borrower, grants security, and PAA's guarantee of obligations remains in full force.
No changes to aggregate commitments, maturity, pricing, or covenants under either facility.

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