---
schema_version: "secwatch.filing_event.v1"
accession: "0001423902-22-000019"
form_type: "8-K"
ticker: "WES"
cik: "0001423902"
company_name: "Western Midstream Partners, LP"
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:19:35.221565+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# WES Operating amends revolver; extends $1.6B to Feb 2026, adopts SOFR

## Summary
- Third amendment extends maturity for $1.6 billion of commitments to February 14, 2026.
- Borrowing base switched from LIBOR to Term SOFR plus a 0.10% adjustment.
- Pricing grid adds tier: drawn pricing rises 0.25% (or 0.5%) if credit ratings drop below BB/Ba2/BB.
- Outstanding borrowings of $315 million plus $5.1 million letters of credit as of June 14, 2022.
- Borrower may extend maturity by one year on up to two additional occasions.

## SEC filing metadata
- accession: 0001423902-22-000019
- form_type: 8-K
- ticker: WES
- cik: 0001423902
- company_name: Western Midstream Partners, LP
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423902/000142390222000019/0001423902-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423902/000142390222000019/wes-20220614.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423902-22-000019
- JSON: https://secwatch.observer/filing/0001423902-22-000019.json
- Plain text: https://secwatch.observer/filing/0001423902-22-000019.txt

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