Plains All American signs USD 2.7 billion senior unsecured revolving credit facility

شركة بلينز أول أمريكان بايبلاين
Plains GP Holdings LP Class A

Plains All American Pipeline, L.P.

PAA

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Plains GP Holdings LP Class A

PAGP

0.00

  • Plains All American Pipeline entered a new senior unsecured revolving credit agreement on June 12, 2026, replacing its 2021 revolver and the hedged inventory facility.
  • Committed borrowing capacity set at USD 2.7 billion, with an option to increase to USD 4 billion, subject to added lender commitments.
  • Facility allows up to USD 800 million in letters of credit, up to USD 225 million in swingline loans, with maturity on June 12, 2031.
  • Canadian designated borrowers can draw in Canadian or U.S. dollars, capped at a USD-equivalent USD 1 billion; obligations are guaranteed by the partnership.
  • Pricing tied to Term SOFR or base rate, or Canadian term or prime rates, with margins and fees linked to the partnership’s credit rating.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plains All American Pipeline LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-075186), on June 17, 2026, and is solely responsible for the information contained therein.