Summit Midstream Partners, LP (ticker:  SMLP) said its subsidiary Summit Midstream Holdings, LLC has executed an amendment and extension of its $1.25 billion revolving credit facility.

The maturity date of the revolving credit facility was extended by approximately 3.5 years, from November 2018 to May 2022.  The facility includes a $250.0 million accordion, and has the same pricing and a similar covenant package to the previous facility. The total leverage ratio financial covenant, as defined in the credit agreement, was increased from 5.00 ...


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