DCP Midstream (DPM) Enters New $3B Facility
Tweet
Share
E-mailGet Alerts DPM Hot Sheet
Join SI Premium – FREE
DCP Midstream LLC (NYSE: DPM) announced it has entered into two new credit facilities totaling $3 billion. The company replaced its existing revolving credit facilities with a new $2 billion 5-year senior unsecured revolving credit facility. In addition, the company closed on a new $1 billion 2 ½-year senior unsecured delayed draw term loan facility.
Together with the $1 billion credit facility DCP Midstream’s master limited partnership completed in November 2011, the DCP enterprise’s bank facilities now total $4 billion.
Together with the $1 billion credit facility DCP Midstream’s master limited partnership completed in November 2011, the DCP enterprise’s bank facilities now total $4 billion.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- RegenxBio adds new board member as two directors retire
- Qnity launches integrated materials platform for advanced chip packaging
- Fury Gold Mines reports drill results at Eau Claire with 14.41 g/t gold
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
