Plains All American Pipeline, PAA Natural Gas Storage Expand Credit Facilities
Business Wire
July 2, 2012
Plains All American Pipeline, L.P. and PAA Natural Gas Storage announced they have expanded the size, extended the tenor and made other amendments to certain of their credit facilities.
PAA expanded its Hedged Inventory Facility from $850 million to $1.4 billion and extended the term by one year. The facility now matures in August 2014. PNG expanded its Revolving Credit Facility from $250 million to $350 million. This facility matures in August 2016.
"The expansion of PAA's Hedged Inventory Facility more than replaces the $500 million of three-year Sr. Notes ...
Upcoming Events
-
5/29/13Conference: DUG Bakken - focuses on the Bakken, Niobrara and oil- and liquids-rich resource plays
-
6/5/13Online: What Broadband Land Seismic Technology Means to Your Project's Success
-
6/6/13Online: Faster, More Accurate Depth Imaging and Interpretation with GPU Acceleration
-
6/17/13Conference: Energy Capital Conference: Asset Capital, Intellectual Capital & Financial Capital
-
8/27/13Conference: DUG Australia: Knowledge Transfer, Capital Solutions, Growth Opportunities & Production Monetization
Tel: +1.713.260.6400; Fax: +1.713.840.8585
Copyright© 2013 Hart Energy. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.