|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo Arranges Revolver Amendment, Extension for Martin Midstream Partners
|
Lenders/Participants
|
Wells Fargo Bank [Lead Arranger]
Royal Bank of Canada [Administrative Agent]
|
|
Structure
|
Revolver Amendment, Extension
|
|
Amount
|
$400.000
Million
|
|
Borrower(s)
|
Martin Midstream Partners L.P.
|
|
Description
|
Company amended and extended its revolving credit facility. The amended facility extends the maturity date by approximately 3.4 years to August 2023, decreases the borrowing capacity from $500 million to $400 million and contains an accordion feature of up to an additional $100 million. As of June 30, 2019 the Partnership had borrowings of $225 million. Transaction details not disclosed.
|
|
Industry
|
Specialty Industries
|
|
Location
|
TX
|
| Related Tags |
Royal Bank of Canada, Wells Fargo Bank
|
ABL Advisor
Deal Tables
2024
|
|
|
|