Daily News: February 5, 2015

Wells Fargo Securities Arranges Exterran Facility Increase

Exterran Partners announced the execution of an amendment to its senior secured credit facility which, among other things, gives effect to revolving credit commitments from three new lenders and increases the revolving credit commitments of certain of its existing lenders. These commitments collectively increase the borrowing capacity under the revolving facility by $250 million to $900 million. The amended credit facility, which matures in May 2018, also includes a $150 million term loan facility.

The syndicate of 21 banks is led by Wells Fargo Securities, as joint lead arranger and joint bookrunner, Wells Fargo Bank, as administrative agent and Credit Agricole Corporate and Investment Bank, JP Morgan Securities, RBC Capital Markets and RBS Securities as joint lead arrangers and joint bookrunners.

“We are pleased to increase the borrowing capacity of our amended credit facility and appreciate the support of existing and new lenders,” said David Miller, Senior Vice President and Chief Financial Officer of Exterran Partners. “The amended credit facility provides additional liquidity as we continue to pursue industry growth opportunities.”

Exterran Partners is the leading provider of natural gas contract compression services to customers throughout the United States.