trending Market Intelligence /marketintelligence/en/news-insights/trending/_bu5Bc5yTDpvqhwFOBRk5g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Andeavor Logistics strikes $500M loan agreement with parent Marathon Petroleum

Essential Energy Insights - September, 2020

Bull market leaves US utilities behind in August

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Utilities, midstream reckon with energy transformation on the horizon


Andeavor Logistics strikes $500M loan agreement with parent Marathon Petroleum

Andeavor Logistics LP entered into a loan agreement with parent company Marathon Petroleum Corp. for up to $500 million.

Under the agreement, Marathon may make loans to Andeavor Logistics on a revolving basis at the partnership's request. The agreement's maturity date is Dec. 21, 2023, but Marathon may demand payment at any time before the maturity date.

Andeavor Logistics also made changes to its credit agreements to make borrowings, investments and acquisitions more flexible and to reflect its merger with Marathon, which closed in October. The amendments have no effect on the borrowing capacity available to Andeavor Logistics or on the interest rates.

Bank of America NA acted as administrative agent for the credit agreement.

Andeavor Logistics is engaged in oil and gas terminaling, transportation, gathering and processing businesses. Marathon operates an integrated refining, marketing and transportation system.