USD Partners amends existing revolving credit agreement

Feb. 07, 2023 3:22 AM ETUSDPBy: Manshi Mamtora, CFA9 Comments
  • USD Partners (USDP) and USD Terminals Canada, an indirect, wholly-owned subsidiary of the partnership and the subsidiary guarantors amend existing revolving credit agreement, dated as of November 2, 2018.
  • The amendment provides relief from compliance with the maximum consolidated leverage ratio and minimum consolidated interest coverage ratio through the credit agreement’s current maturity date.
  • The management continues to see positive momentum around the Partnership’s re-contracting negotiations.

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