Hess Midstream amends credit agreement; extends maturity to July 2027, increases accordion to $750M

Hess Midstream LP

Maturity extended from December 2024 to July 2027; $1B revolver and $400M term loan unchanged.
Accordion feature increased to $750M, allowing total commitments up to $2.15B.
Benchmark interest rate switched from LIBOR to SOFR.
Covenants: total debt/EBITDA ≤ 5.00x; secured debt/EBITDA ≤ 4.00x until investment grade.

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