Enterprise Products Partners (EPD) disclosed that its operating subsidiary, EPO, entered into a new $1.0 billion revolving credit agreement on July 28, adding to the $4.2 billion of capacity it already had under existing credit facilities. The new loan is unsecured, guaranteed by the parent partnership, carries a variable interest rate, and matures on March 26, 2027. EPO also can't make cash distributions to the parent if an event of default is continuing. The 8-K also lists Item 2.02 for results of operations, but the excerpt doesn't include any actual earnings figures.
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