Susser Petroleum adds six lenders, lifts revolver size to $400 million

By Susanna Moon

Chicago, Dec. 17 - Susser Petroleum Partners LP said it lifted its revolving credit facility by $150 million for aggregate lender commitments of $400 million.

The company may further increase the facility by up to $100 million.

The facility matures in September 2017.

"This increase provides added capacity as we plan for future growth and ensures liquidity to meet SUSP's future acquisition opportunities," president and chief executive officer Rocky Dewbre said in a company press release.

"We appreciate the strong support from our bank group, including six new banks participating in this facility."

Corpus Christi, Texas-based Susser operates convenience stores in Texas, New Mexico and Oklahoma under the Stripes brand.

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