secwatch.observer — SEC 8-K summary
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Issuer:     PLAINS ALL AMERICAN PIPELINE LP (PAA)
CIK:        0001070423
Form:       8-K
Filed at:   2026-03-03T23:59:59+00:00
Accession:  0001104659-26-022836
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070423/000110465926022836/0001104659-26-022836-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070423/000110465926022836/tm267812d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-022836

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