trending Market Intelligence /marketintelligence/en/news-insights/trending/7c41JJPTKXfnkvJIDjdc8A2 content esgSubNav
In This List

CorEnergy amends credit facility

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


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%.