debt
confidence high
sentiment neutral
materiality 0.20
Plains All American replaces borrower subsidiary under two credit facilities
PLAINS GP HOLDINGS LP
- Plains Midstream Canada ULC (PMCULC) replaced by Plains Canada Liquid Pipelines ULC as borrower under Revolver and Hedged Inventory Facility.
- All commitments to PMCULC terminated; PMCULC released from obligations and liens under the Hedged Inventory Facility.
- Aggregate lender commitments, maturity dates, pricing and covenants unchanged in both amendments.
- PAA's guarantee of borrower obligations under the Hedged Inventory Facility remains in full force and effect.
- Amendments effective February 26, 2026.