Murphy USA refinances credit facility with $600M term loan and $750M revolver

Murphy USA Inc.

$600M secured term loan borrowed in full on April 7, 2025; matures April 7, 2032, with 0.25% quarterly amortization.
$750M revolving credit facility; matures April 7, 2030.
Term loan margin: 1.75% over SOFR or 0.75% over base rate.
Revolving facility margin ranges from 1.25%-2.00% (SOFR) or 0.25%-1.00% (base) based on leverage.
Proceeds used to repay existing term loans and for general corporate purposes.

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