GEL · Genesis Energy, L.P.

Summary

On March 4, 2026, Genesis Energy, L.P. entered into an Eighth Amended and Restated Credit Agreement providing a $900 million senior secured revolving facility, expandable to $1.3 billion, maturing March 4, 2031, and terminated its prior Seventh Amended and Restated Credit Agreement, using new proceeds to repay outstanding amounts.

Key takeaways

• Entered Eighth Amended and Restated Credit Agreement on March 4, 2026 with Wells Fargo Bank as Administrative Agent
• $900 million revolving facility, expandable to $1.3 billion subject to lender consent
• Maturity March 4, 2031, with early maturity triggers if >$150M of 2029 or 2030 senior notes remain outstanding
• Interest rates: ABR +1.25%-2.50% or Term SOFR +2.25%-3.50% based on leverage ratio
• Commitment fee 0.30%-0.50% on unused amount
• Terminated Old Credit Agreement dated July 19, 2024 and repaid all outstanding amounts