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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Archrock Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-120740), on December 15, 2025, and is solely responsible for the information contained therein.
Comments