Western Refining repays, terminates credit agreement upon acquisition

By Tali Rackner

Minneapolis, Oct. 31 – Western Refining Logistics, LP terminated all commitments and repaid all amounts outstanding under its credit agreement dated Oct. 16, 2013, according to an 8-K filing with the Securities and Exchange Commission.

Wells Fargo Bank, NA was the administrative agent, swingline lender and letter-of-credit issuer.

The Monday termination is in connection with the company’s acquisition by Andeavor Logistics LP.

Western Refining Logistics is an El Paso, Texas-based operator of pipelines, storage tanks and other midstream energy facilities. It is now a subsidiary of Andeavor, a San Antonio-based provider of midstream services.

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