Atlas Energy Group, LLC (OTCMKTS:ATLS) Files An 8-K Entry into a Material Definitive Agreement

Atlas Energy Group, LLC (OTCMKTS:ATLS) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement.

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On December28, 2017, Atlas Energy Group, LLC (the “Company”), together with New Atlas Holdings, LLC, Atlas Lightfoot, LLC and Titan Energy Management, LLC, entered into the Fifth Amendment to Credit Agreement (the “Amendment”) with Riverstone Credit Partners, L.P., as administrative agent (“Riverstone”), and the lenders under the first lien credit agreement (the “First Lien Facility”).

to the Amendment, the maturity date under the First Lien Facility was extended from December29, 2017 to January31, 2018. In addition, the Amendment added an event of default if the Company fails to provide to Riverstone written notice of the receipt or making of certain transaction proposals.

This summary of the Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 1.01 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.

Item 1.01 Financial Statements and Exhibits.

Exhibit Number

Description

10.1 Fifth Amendment to Credit Agreement, dated as of December 28, 2017, among Atlas Energy Group, LLC, New Atlas Holdings, LLC, Atlas Lightfoot, LLC, Titan Energy Management, LLC, the lenders party thereto and Riverstone Credit Partners, L.P., as administrative agent.


Atlas Energy Group, LLC Exhibit
EX-10.1 2 d647021dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 Execution Version FIFTH AMENDMENT TO CREDIT AGREEMENT THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”),…
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About Atlas Energy Group, LLC (OTCMKTS:ATLS)

Atlas Energy Group, LLC is an energy management company, which acquires and develops upstream and midstream oil and gas assets. The Company has ownership interests in the general partner Class A units, and over 23.3% limited partner interest in Atlas Resource Partners, L.P. (ARP), which is an independent developer and producer of natural gas, crude oil and natural gas liquids; over 80% general partner interest and approximately 2.1% limited partner interest in Atlas Growth Partners, L.P. (AGP), which conducts natural gas and oil operations in the mid-continent region of the United States, and owns approximately 15.9% general partner interest and over 12% limited partner interest in Lightfoot Capital Partners, L.P. and Lightfoot Capital Partners GP, LLC, its general partner, which incubates new master limited partnerships (MLPs) and invests in existing MLPs. Its segments include ARP, AGP, and Corporate and other. The Company focuses on the development and growth of energy enterprises.

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