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-0.00271739130434786 -0.00271739130434786 -0.00271739130434786 -0.00271739130434786 0.00270652173913031 0.00217391304347821 0.000543478260869457 0.00244565217391294
Stock impact report

CrossAmerica Partners Enters into a New $750 Million Credit Facility

CrossAmerica Partners LP Common Units representing limited partner interests (CAPL) 
Last crossamerica partners lp common units representing limited partner interests earnings: 2/25 04:18 pm Check Earnings Report
Company Research Source: GlobeNewswire
Allentown, PA, April 02, 2019 (GLOBE NEWSWIRE) -- CrossAmerica Partners Enters into a New $750 Million Credit Facility ALLENTOWN, PA, April 2, 2019 – CrossAmerica Partners LP (NYSE: CAPL) today announced that it  entered into a new five-year, $750 million Revolving Credit Facility with a syndicate of lenders led by Citizens Bank, N.A. The new facility replaces the Partnership’s previous $650 million Revolving Credit Facility that was scheduled to expire April 25, 2020. "We are pleased to finalize a new, five-year agreement with our banking partners. It provides us with financial flexibility and increases our borrowing capacity going forward,” said Evan Smith, CrossAmerica’s Chief Financial Officer. “We appreciate the support that we received from our lenders during this process, as this facility extends our maturity profile, provides favorable rates and positions us to grow our business into the future.” The New Facility matures on April 1, 2024, and, subject to certain condition Show less Read more
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