Enable Midstream Partners LP
Description
Enable Midstream Partners LP has entered into a $1 billion three-year unsecured term loan agreement. Enable has initially borrowed $200 million under the agreement, and a delayed-draw feature provides Enable the flexibility to make up to $800 million in additional borrowings for up to 180 days from Jan. 29, 2019. Enable expects that borrowings will be used for general partnership purposes, including the repayment of existing and future indebtedness and funding of capital expenditures.