EUREKA SECURES $400M CREDIT FACILITY

摘要

Eureka Midstream LLC has closed on a $400 million senior secured revolving credit facility. The credit facility amends and restates Eureka's existing credit facility and increases the aggregate credit facility commitments from $225 million to $400 million with an extended maturity date of 4-years from the credit facility closing date. The credit facility provides a $100 million accordion whereby, under certain terms and conditions, Eureka Midstream can increase the aggregate credit facility commitments to $500 million. Use of proceeds from the credit facility will be used for funding capital expenditures, financing permitted acquisitions, funding working capital, and general corporate purposes.