NGL Energy permanently expands ABL facility to $600M, extends $100M maturity to Feb 2026

NGL Energy Partners LP

Third Amendment makes $600M ABL commitment permanent; $100M previously temporary now extends through Feb 2026.
Original $500M ABL facility was increased via accordion in Apr 2022, with $100M set to revert by Mar 31, 2023.
CFO Brad Cooper cites financial flexibility for Water Solutions segment growth and higher commodity prices.
Base terms of credit agreement unchanged; maturity of incremental commitment aligns with remaining facility term.

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