debt
confidence high
sentiment positive
materiality 0.60
NextEra Energy Partners upsizes revolver to $2.5B, expands aggregate capacity to $3.25B
XPLR Infrastructure, LP
- Revolver increased from $1.25B to $2.5B; total commitment capacity up to $3.25B including incremental commitments.
- Interest benchmark transitions from LIBOR to SOFR; facility fees and applicable rates tied to OpCo leverage ratio.
- Amendment restates existing credit agreement; loan parties include NEP OpCo and its subsidiary, guaranteed by NEP.
- Revolving credit facility secured by liens on certain assets of NEP OpCo's direct subsidiary.