EV Energy Partners LP (Nasdaq: EVEP) entered into an amendment to its senior secured credit facility, the company said in a March 2 statement. Among other things, the amendment extends the maturity of the facility to February 2020 and extends the senior secured debt to EBITDA covenant of 3.5 to 1.0 through March 31, 2016.
The borrowing base was reduced to $650 million from $730 million with the next redetermination scheduled for October.
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