Exterran Partners increases credit facility to $1.05 billion

Exterran Partners LP (NASDAQ: EXLP) has executed an amendment to its senior secured credit facility which, among other things, gives effect to revolving credit commitments from three new lenders and increases the revolving credit commitments of certain of its existing lenders.

These commitments collectively increase the borrowing capacity under the revolving credit facility by $250 million to $900 million. The amended credit facility, which matures in May 2018, also includes a $150 million term loan facility.

The syndicate of 21 banks is led by Wells Fargo Securities LLC, as joint lead arranger and joint book runner; Wells Fargo Bank NA, as administrative agent; and Credit Agricole Corporate and Investment Bank, JP Morgan Securities LLC, RBC Capital Markets, and RBS Securities Inc. as joint lead arrangers and joint book runners.

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