Midcoast Energy extends credit agreement, reduces its capacity

By Wendy Van Sickle

Columbus, Ohio, Sept. 9 – Midcoast Energy Partners, LP extended its credit agreement dated Nov. 13, 2013 with Bank of America, NA as administrative agent and reduced its capacity on Sept. 3, according to an 8-K filed with the Securities and Exchange Commission.

The facility now matures Sept. 30, 2018. Total commitments under the facility have been reduced to $810 million.

Houston-based Midcoast is an oil and gas production and transportation company.

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