Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Kinetik Holdings Inc. amended credit facility of $225,000,000 with PNC Bank, National Association maturing March 30, 2027.
- Instrument
- credit facility
- Principal
- $225,000,000
- Counterparty
- PNC Bank, National Association
- Maturity
- March 30, 2027
- Event
- amendment
Exact text from the filing
Pursuant to Amendment No. 2 to Receivables Purchase Agreement, the scheduled termination date of the A/R Facility was extended to March 30, 2027. In addition, Amendment No. 2 to Receivables Purchase Agreement reduced the facility limit to $225,000,000 and added the ability for Seller to request an increase in the facility limit up to $275,000,000.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Kinetik Holdings Inc. amended Amendment No. 2 to Receivables Purchase Agreement with PNC Bank, National Association, as administrative agent (effective 2026-03-31).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- PNC Bank, National Association, as administrative agent
- Effective
- 2026-03-31
Exact text from the filing
On March 31, 2026, (the “ Closing Date ”), Kinetik Holdings LP, a Delaware limited partnership (“ Kinetik LP ”), which is a subsidiary of Kinetik Holdings Inc., a Delaware corporation (the “ Company ”), entered into an amendment (“ Amendment No. 2 to the A/R Facility ”) to their accounts receivable securitization facility dated April 2, 2024 and as amended by that certain Amendment No. 1 to Receivables Purchase Agreement, dated as of April 1, 2025 (the “ A/R Facility ” and as amended, the “ Amended A/R Facility ”) to, among other things, extend the scheduled termination date.
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