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CorEnergy amends credit facility

CorEnergy Infrastructure Trust Inc. amended its existing credit facility agreement to provide for up to $161.0 million of revolving borrowing commitments.

The previous credit facility consisted of a $108.0 million revolver and a $45.0 million term loan.

The new credit facility matures July 28, 2022, subject to a springing maturity Feb. 28, 2020, and will bear an interest rate equal to the London Interbank Offered Rate plus an applicable margin of 2.75% to 3.75%.