Enterprise Products renews $5.5 billion 364-day, five-year revolvers

By Wendy Van Sickle

Columbus, Ohio, Sept. 13 – Enterprise Products Partners, LP operating subsidiary Enterprise Products Operating LLC entered into a new $1.5 billion 364-day credit agreement and a new $4 billion five-year revolving credit agreement, according to a press release.

The new revolvers replace Enterprise’s existing revolving facilities, keeping the same commitment amounts, but extending the maturity dates, the release notes.

The 364-day revolver matures on Sept. 12, 2018, and the five-year revolver matures on Sept. 13, 2022.

Enterprise Products Partners is a Houston-based publicly traded partnership and a provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.

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