Oneok amends $2.5 billion revolver with Citibank, extends to 2024

By Rebecca Melvin

New York, May 29 – Oneok, Inc. entered into a first amendment and extension agreement on May 24 relating to its $2.5 billion revolving credit agreement, according to an 8-K filing with the Securities and Exchange Commission.

The maturity date was extended to June 30, 2024 from June 30, 2023.

In addition, the revolver was amended with regard to the selection of a successor to the Libor rate if Libor is not available or not published.

All other terms and conditions of the agreement remain in full force and effect, the filing noted.

Citibank, NA is the administrative agent, a swingline lender, a letter-of-credit issuer and a lender.

Oneok is a natural gas distributor based in Tulsa, Okla.

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