---
schema_version: "secwatch.filing_event.v1"
accession: "0001610682-23-000047"
form_type: "8-K"
ticker: "USDP"
cik: "0001610682"
company_name: "USD Partners LP"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:05:45.856717+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# USD Partners extends credit agreement forbearance to Nov 21, 2023

## Summary
- Entered Third Waiver Extension Agreement under Credit Agreement extending forbearance period from Nov 17 to Nov 21, 2023.
- Extension continues forbearance on defaults related to Material Adverse Effect events and non-payment of interest/maturity amounts.
- Previously disclosed forbearance extensions: First (to Nov 3), Second (to Nov 17), now Third (to Nov 21).
- Lenders agreed to temporarily waive certain events of default until the New Expiration Date.

## SEC filing metadata
- accession: 0001610682-23-000047
- form_type: 8-K
- ticker: USDP
- cik: 0001610682
- company_name: USD Partners LP
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610682/000161068223000047/0001610682-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610682/000161068223000047/usdp-20231117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001610682-23-000047
- JSON: https://secwatch.observer/filing/0001610682-23-000047.json
- Plain text: https://secwatch.observer/filing/0001610682-23-000047.txt

## Key facts
- Material Agreements
  USD Partners LP entered into Third Waiver Extension Agreement with all the lenders under the secured Credit Agreement and Bank of Montreal, as administrative agent (effective 2023-11-17).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: all the lenders under the secured Credit Agreement and Bank of Montreal, as administrative agent
  - Effective: 2023-11-17
  source text: On November 17, 2023, USD Partners LP (the “Partnership”) entered into an agreement (the “Third Waiver Extension Agreement”) with (i) all the lenders (the “Lenders”) under the secured Credit Agreement (as amended from time to time, the “Credit Agreement”) among the Partnership, USD Terminals Canada ULC, an indirect, wholly-owned subsidiary of the Partnership (together with the Partnership, the “Borrowers”), the subsidiary guarantors party thereto, the Lenders and Bank of Montreal, as administrative agent (the “Administrative Agent”), and (ii) the Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1610682/000161068223000047/0001610682-23-000047-index.htm

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