NGL ENERGY PARTNERS LP (NYSE:NGL) Files An 8-K Entry into a Material Definitive Agreement

NGL ENERGY PARTNERS LP (NYSE:NGL) Files An 8-K Entry into a Material Definitive Agreement

Story continues below

Item 1.01 Entry into a Material Definitive Agreement

Amended and Restated Note Purchase Agreement

On March31, 2017, NGL Energy Partners LP (the Partnership)
entered into an Amended and Restated Note Purchase Agreement with
the purchasers named therein (the AR Note Purchase
Agreement
), effective as of December31, 2016, in
order to reflect the terms of the Amended and Restated Credit
Agreement, dated as of February14, 2017, by and among NGL Energy
Operating LLC, as borrower and as borrowers agent, the
Partnership, as parent, the subsidiary guarantors party thereto,
Deutsche Bank Trust Company Americas, as administrative agent and
collateral agent, Deutsche Bank AG, New York Branch, as technical
agent, and the other financial institutions party thereto, as
well as certain other definitional adjustments.

The above description of the material terms of the AR Note
Purchase Agreement does not purport to be complete and is
qualified in its entirety by reference to the full text of the AR
Note Purchase Agreement, which is filed as Exhibit4.1 to this
Current Report on Form8-K and is incorporated into this Item 1.01
by reference.

Item 9.01 Financial Statements and Exhibits

(d)Exhibits

ExhibitNo.

Description

4.1

Amended and Restated Note Purchase Agreement, dated
March31, 2017 and effective as of December31, 2016, by
and among the Partnership and the purchasers named
therein.


About NGL ENERGY PARTNERS LP (NYSE:NGL)

NGL Energy Partners LP owns and operates a vertically integrated energy business. The Company’s segments are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. Its crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations. Its water solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. Its liquids segment supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants throughout the United States and in Canada. Its retail propane segment consists of the retail marketing, and sale and distribution of propane and distillates, among others. The Company’s refined products and renewables segment is engaged in gasoline, diesel, ethanol and biodiesel marketing operations.

NGL ENERGY PARTNERS LP (NYSE:NGL) Recent Trading Information

NGL ENERGY PARTNERS LP (NYSE:NGL) closed its last trading session down -0.35 at 22.80 with 512,534 shares trading hands.

An ad to help with our costs