Tag Archives: NGL Energy Partners

TD Bank Group Subsidiary Agents $700MM Term Loan as Part of NGL’s Refinancing

NGL Energy Partners closed $2.9 billion in refinancing transactions, including a seven-year, $700 million senior secured term loan. According to an 8K filed with the SEC, Toronto Dominion (Texas), a subsidiary of TD Bank Group, is the administrative and collateral agent for the new term loan.

JPMorgan and Others Arrange $500MM ABL for NGL Energy Partners

JP Morgan Chase Bank served as issuing lender, joint lead arranger, joint bookrunner and the collateral and administrative agent on a $500 million asset-based revolving credit facility for NGL Energy Partners. The facility will be used to refinance existing debt.