Archrock Lowers Loan Costs in Amended Credit Facility with JPMorgan and Lenders

Reuters12-15
Archrock Lowers Loan Costs in Amended Credit Facility with JPMorgan and Lenders

Archrock Inc. has entered into a Third Amendment to its Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and a group of financial institutions as lenders. The amendment, signed on December 12, 2025, modifies the company's senior secured asset-based revolving credit facility by removing a 0.10% annual credit spread adjustment from interest rate calculations, reducing borrowing margins by 0.25% per annum, and decreasing the commitment fee on unused portions of the facility from 0.375% to 0.25% per annum when less than half of the facility is utilized. These changes aim to lower Archrock's overall borrowing costs under the agreement.

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