Atlas Energy Group, LLC (ATLS) (“Atlas Energy” or “ATLS”) announces today that it has entered into an agreement for a new term loan facility maturing in August 2020. The new facility will refinance Atlas Energy’s existing term loan and will have an initial balance of $82.7 million at an interest rate of LIBOR (floor of 1%) plus 7%.
Atlas Energy Group, LLC (ATLS) is a limited liability company which owns the following interests: all of the general partner interest, incentive distribution rights and an approximate 25% limited partner interest in its upstream oil & gas subsidiary, Atlas Resource Partners, L.P.; a general partner interest, incentive distribution rights and limited partner interests in Atlas Growth Partners, L.P.; and a general partner interest in Lightfoot Capital Partners, an entity that invests directly in energy-related businesses and assets. For more information, please visit our website at www.atlasenergy.com, or contact Investor Relations atInvestorRelations@atlasenergy.com.
