---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-046584"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T01:16:53.339444+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-046584
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000119312523046584/0001193125-23-046584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000119312523046584/d468966d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-046584
- JSON: https://secwatch.observer/filing/0001193125-23-046584.json
- Plain text: https://secwatch.observer/filing/0001193125-23-046584.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.