secwatch.observer — SEC 8-K summary
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Issuer:     ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)
CIK:        0001061219
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0001193125-22-238868
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enterprise Products enters $1.5B 364-day revolving credit facility, replacing maturing facility
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- Operating subsidiary EPO entered $1.5B (expandable to $1.7B) 364-day unsecured revolving credit facility on Sept 6, 2022.
- Facility replaces prior $1.5B facility that matured Sept 6, 2022; new maturity Sept 5, 2023, with one-year extension option.
- Proceeds for working capital, capex, acquisitions, and other general corporate purposes.
- Variable interest rate based on EPO's senior debt credit rating; facility fees and spreads tied to ratings.
- Guaranteed by partnership EPD; contains customary covenants and default provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061219/000119312522238868/0001193125-22-238868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061219/000119312522238868/d397802d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-238868

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