Holly Energy Partners upsizes credit facility to $1.2B

Holly Energy Partners LP (NYSE: HEP) has amended its existing revolving credit facility to increase the maximum amount of the facility from $850 million to $1.2 billion.

The credit agreement is available to fund capital expenditures, investments, acquisitions, distribution payments, and working capital and for general partnership purposes.

Headquartered in Dallas, Texas, Holly Energy Partners provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry. 

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