Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
PLAINS ALL AMERICAN PIPELINE LP incurred credit facility of $2.7 billion with Bank of America, N.A., as Administrative Agent at Term SOFR, Base Rate, Canadian Term Rate or Canadian Prime Rate, plus an applica maturing June 12, 2031.
- Instrument
- credit facility
- Principal
- $2.7 billion
- Counterparty
- Bank of America, N.A., as Administrative Agent
- Rate
- Term SOFR, Base Rate, Canadian Term Rate or Canadian Prime Rate, plus an applica
- Maturity
- June 12, 2031
- Event
- incurrence
Exact text from the filing
as L/C Issuers; and the other Lenders party thereto (as amended, the “Hedged Inventory Facility”). The committed borrowing capacity under the Revolving Credit Agreement is $2.7 billion, up to $800 million of which is available for the issuance of letters of credit and up to $225 million of which is available for swing line loans. The committed amount may be
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PLAINS ALL AMERICAN PIPELINE LP entered into Revolving Credit Agreement with Bank of America, N.A., as Administrative Agent and Swing Line Lender; Bank of America, N.A., PNC Bank, National Association and Wells Fargo Bank, National Association, as L/C Issuers; and the other Lenders party thereto valued at $2.7 billion (effective 2026-06-12).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as Administrative Agent and Swing Line Lender; Bank of America, N.A., PNC Bank, National Association and Wells Fargo Bank, National Association, as L/C Issuers; and the other Lenders party thereto
- Value
- $2.7 billion
- Effective
- 2026-06-12
Exact text from the filing
On June 12, 2026, Plains All American Pipeline, L.P. (the "Partnership") entered into an unsecured Credit Agreement (the "Revolving Credit Agreement"), among the Partnership, Plains Marketing, L.P., a Texas limited partnership ("PMLP"), and Plains Canada Liquid Pipelines ULC, a British Columbia unlimited liability company ("PCLP"), as Borrowers; certain subsidiaries of the Partnership from time to time party thereto, as Designated Borrowers; Bank of America, N.A., as Administrative Agent and Swing Line Lender; Bank of America, N.A., PNC Bank, National Association and Wells Fargo Bank, National Association, as L/C Issuers; and the other Lenders party thereto
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PLAINS ALL AMERICAN PIPELINE LP terminated Existing Revolving Credit Agreement (effective 2026-06-12).
- Action
- termination
- Agreement
- credit facility
- Effective
- 2026-06-12
Exact text from the filing
On June 12, 2026, in conjunction with the closing of the Revolving Credit Agreement, the Partnership, PCLP and PMLP, as applicable, repaid in full and terminated all outstanding obligations under (i) the Existing Revolving Credit Agreement and (ii) the Hedged Inventory Facility.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PLAINS ALL AMERICAN PIPELINE LP terminated Hedged Inventory Facility (effective 2026-06-12).
- Action
- termination
- Agreement
- credit facility
- Effective
- 2026-06-12
Exact text from the filing
On June 12, 2026, in conjunction with the closing of the Revolving Credit Agreement, the Partnership, PCLP and PMLP, as applicable, repaid in full and terminated all outstanding obligations under (i) the Existing Revolving Credit Agreement and (ii) the Hedged Inventory Facility.
View on SEC.gov