NGL extends credit borrowing agreement

 

Before 2019 came to an end, Tulsa-based NGL Energy Operating, LLC signed an agreement with its credit facility to extend its borrowing agreement by another $125 million.

A filing with the U.S. Securities Exchange Commission showed NGL Energy Operating, a wholly-owned subsidiary of NGL Energy Partners LP entered into an agreement with Deutsche Bank Trust Company Americas on December 30, 2019.

The Agreement increases the total revolving commitments under the Partnership’s revolving credit facility by an additional $125.0 million.
The Form 8-K report was filed this week with the SEC.