secwatch.observer — SEC 8-K summary
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Issuer:     ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)
CIK:        0001061219
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001193125-22-061302
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enterprise Products secures $500M delayed draw term loan facility from Wells Fargo
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- EPO may borrow up to $500M by April 30, 2022; variable interest based on senior debt credit rating.
- Facility matures in March 2024; proceeds for general company purposes.
- Loan is unsecured but guaranteed by Enterprise Products Partners L.P.
- Borrowings reduce facility if less than $500M drawn; no borrowing by April 30 terminates agreement.
- Contains customary covenants and events of default restricting distributions if default occurs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061219/000119312522061302/0001193125-22-061302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061219/000119312522061302/d295448d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-061302

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