debt
confidence high
sentiment neutral
materiality 0.50
Archrock expands revolving credit facility from $1.1B to $1.5B, with accordion up to $2.25B
Archrock, Inc.
- Second Amendment dated May 16, 2025 increases aggregate commitments under the ABL facility from $1.1B to $1.5B.
- Accordion feature permits further increases up to $2.25B, subject to lender discretion and conditions.
- Amendment adds Outbound Investment Rules representation and covenant regarding covered foreign person status.
- All representations and warranties reaffirmed; no default existed after giving effect to amendment.