Noble Midstream Partners LP extended and upsized its revolving credit facility to help with general corporate purposes, including working capital and expansions, according to a March 12 news release.
The facility, provided by 27 financial institutions, will mature on March 2023 and increased in size to $800 million, with an option for Noble Midstream Partners to request additional commitments of up to $350 million.
Noble Midstream Partners is a master limited partnership formed by Noble Energy Inc. to own, operate, develop and acquire domestic midstream infrastructure assets.
