---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-097605"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T17:27:10.589002+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy enters new $900M credit facility, expandable to $1.3B, matures 2031

## Summary
- New $900M senior secured revolving facility entered on March 4, 2026, replacing prior credit agreement.
- Facility can be increased to $1.3B with lender consent; maturity March 4, 2031 (earlier if notes remain outstanding).
- Interest at alternate base rate or Term SOFR plus margin; margin varies 1.25%-2.50% for base rate, 2.25%-3.50% for SOFR.
- Commitment fee on unused portion: 0.30% to 0.50% per annum.
- Covenants include max leverage ratio, max senior secured leverage, min interest coverage; secured by guarantees and liens.

## SEC filing metadata
- accession: 0001193125-26-097605
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2026-03-09T23:59:59+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
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/d125190d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-097605
- JSON: https://secwatch.observer/filing/0001193125-26-097605.json
- Plain text: https://secwatch.observer/filing/0001193125-26-097605.txt

## Key facts
- Debt Financings
  GENESIS ENERGY LP incurred revolving credit of $900 million senior secured revolving facility with Wells Fargo Bank, National Association at Term SOFR borrowings: Term SOFR plus 2.25% to 3.50%; alternate base rate borrowi maturing March 4, 2031.
  - Instrument: revolving credit
  - Principal: $900 million senior secured revolving facility
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: Term SOFR borrowings: Term SOFR plus 2.25% to 3.50%; alternate base rate borrowi
  - Maturity: March 4, 2031
  - Event: incurrence
  source text: The New Credit Agreement provides for a $900 million senior secured revolving facility with the ability to increase the aggregate size of the facility up to $1.3 billion in the form of additional revolving commitments or an incremental term loan, subject to lender consent and certain other customary conditions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm
- Material Agreements
  GENESIS ENERGY LP terminated Seventh Amended and Restated Credit Agreement with Genesis Energy, L.P. valued at Termination of the Old Credit Agreement effective upon entry into the New Credit Agreement (effective 2026-03-04).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Genesis Energy, L.P.
  - Value: Termination of the Old Credit Agreement effective upon entry into the New Credit Agreement
  - Effective: 2026-03-04
  source text: Entry into a Material Definitive Agreement On March 4, 2026, Genesis Energy, L.P. (“ Genesis ”) entered into an Eighth Amended and Restated Credit Agreement (the “ New Credit Agreement ”), among Genesis, as the borrower, Wells Fargo Bank, National Association, as administrative agent (in such capacity, the “ Administrative Agent ”) and issuing bank, Bank of America, N.A., as syndication agent, and the lenders and other parties party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm
- Material Agreements
  GENESIS ENERGY LP entered into Eighth Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at $900 million senior secured revolving facility, up to $1.3 billion with lender consent (effective 2026-03-04).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association
  - Value: $900 million senior secured revolving facility, up to $1.3 billion with lender consent
  - Effective: 2026-03-04
  source text: On March 4, 2026, Genesis Energy, L.P. (“ Genesis ”) entered into an Eighth Amended and Restated Credit Agreement (the “ New Credit Agreement ”), among Genesis, as the borrower, Wells Fargo Bank, National Association, as administrative agent (in such capacity, the “ Administrative Agent ”) and issuing bank, Bank of America, N.A., as syndication agent, and the lenders and other parties party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm

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