secwatch.observer — SEC 8-K summary
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Issuer:     Westlake Chemical Partners LP (WLKP)
CIK:        0001604665
Form:       8-K
Filed at:   2022-07-15T23:59:59+00:00
Accession:  0001193125-22-195001
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westlake Chemical Partners extends revolver maturities to July 2027, switches to SOFR
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- OpCo Revolver maturity extended to July 12, 2027; interest now SOFR + 1.75% margin + 0.10% spread.
- MLP Revolver maturity also extended to July 12, 2027; margin varies 1.75%-2.75% based on leverage.
- Both amendments replace LIBOR with SOFR plus a 0.10% credit spread adjustment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604665/000119312522195001/0001193125-22-195001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604665/000119312522195001/d278975d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-195001

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