secwatch / observer
8-K filed April 12, 2023, 7:59 PM ET CIK 0001362705
debt confidence high sentiment positive materiality 0.70

Evolve Transition Infrastructure LP: debt financing — Evolve Transition Infrastructure reduces term loan to $20M, extends maturity to Sep 2025

Evolve Transition Infrastructure LP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Evolve Transition Infrastructure LP amended credit facility of from an aggregate principal amount of $65 million to an aggregate principal amount of up to $20 million with Royal Bank of Canada maturing September 30, 2025.

Instrument
credit facility
Principal
from an aggregate principal amount of $65 million to an aggregate principal amount of up to $20 million
Counterparty
Royal Bank of Canada
Maturity
September 30, 2025
Event
amendment
Exact text from the filing
reduction of the term loan facility from an aggregate principal amount of $65 million to an aggregate principal amount of up to $20 million
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Evolve Transition Infrastructure LP amended Thirteenth Amendment to Third Amended and Restated Credit Agreement with Royal Bank of Canada (as administrative agent) and the lenders party thereto (effective 2023-04-10).

Action
amendment
Agreement
credit facility
Counterparty
Royal Bank of Canada (as administrative agent) and the lenders party thereto
Effective
2023-04-10
Exact text from the filing
On April 10, 2023, Evolve Transition Infrastructure LP (the “ Partnership ”), as borrower, entered into that certain Thirteenth Amendment to Third Amended and Restated Credit Agreement with the guarantors party thereto (“ Guarantors ”), each of the lenders party thereto (each, a “ Lender ”), and Royal Bank of Canada (“ RBC ”), as administrative agent, collateral agent, and letter of credit issuer (the “ Thirteenth Amendment ,” the Third Amended and Restated Credit Agreement, as amended prior to the effectiveness of the Thirteenth Amendment, the “ Existing Credit Agreement ,” and, the Existing Credit Agreement, as amended by the Thirteenth Amendment, the “ Amended Credit Agreement ”).
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Source: SEC EDGAR
accession 0001362705-23-000027
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