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 July10, 2018, Atlas Energy Group, LLC (the “Company”), together with New Atlas Holdings, LLC, Atlas Lightfoot, LLC and Titan Energy Management, LLC, entered into the Waiver and Ninth Amendment to Credit Agreement (the “Amendment”) with Riverstone Credit Partners, L.P., as administrative agent, and the lenders under the first lien credit agreement (the “First Lien Facility”). The Amendment has an effective date of June30, 2018.

to the Amendment, the maturity date under the First Lien Facility was extended from June30, 2018 until September30, 2018. In addition, the Company’s failures to deliver certain customary certificates, reports and other deliverables under the First Lien Facility were waived.

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 Waiver and Ninth Amendment to Credit Agreement, dated as of June 30, 2018, 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 d538552dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 WAIVER AND NINTH AMENDMENT TO CREDIT AGREEMENT THIS WAIVER AND NINTH 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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