Genesis Energy enters into $850M senior secured revolving credit facility, maturing 2026

GENESIS ENERGY LP

New $850M facility replaces prior credit agreement; can be increased to $1.05B with lender consent.
Matures Feb 13, 2026, with two one-year extension options; earlier maturity if >$150M of 6.5% notes due 2025 remain outstanding on June 30, 2025.
Interest rates: ABR plus margin 1.25%-2.75% or Term SOFR plus 2.25%-3.75% based on leverage ratio.
Commitment fee 0.30%-0.50% per annum on unused committed amount, depending on leverage.
Covenants include maximum leverage ratio, maximum senior secured leverage ratio, and minimum interest coverage ratio.

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