Archrock Partners LP

Partnership has closed on a new five-year $1.1 billion asset-based revolving credit facility maturing March 30, 2022. If any April 2021 senior notes are outstanding then, the facility will mature Dec. 2, 2020. Proceeds from facility repaid the borrowings under the partnership’s existing $825 million revolving credit facility and $150 million term loan which would have matured in May 2018. All commitments under old facility were terminated. Syndicate of 18 banks is led by JPMorgan Chase NA as joint lead arranger, joint book-runner and administrative agent; and Wells Fargo Securities LLC, Bank of America NA, Regions Bank, Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia as joint lead arrangers and joint book-runners.