debt
confidence high
sentiment neutral
materiality 0.55
Kinetik ups A/R facility to $250M, extends maturity, adds originator
Kinetik Holdings Inc.
- A/R securitization facility limit increased to $250 million; termination date extended to March 31, 2026.
- Certain Sustainability Performance Targets eliminated under the Receivables Purchase Agreement.
- Frontier Field Services, LLC added as an Originator under the Sale and Contribution Agreement.
- Amendment executed April 1, 2025, by Kinetik Holdings LP and subsidiary entities.