NuStar GP Holdings, LLC (NYSE:NSH) Files An 8-K Entry into a Material Definitive Agreement

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NuStar GP Holdings, LLC (NYSE:NSH) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement.

On June 27, 2017, NuStar GP Holdings, LLC (Holdings) entered into
that certain Fourth Amendment to Revolving Credit Agreement dated
as of June 27, 2017 among Holdings, Riverwalk Holdings, LLC
(Riverwalk), JPMorgan Chase Bank, N.A., as Administrative Agent,
and the lenders party thereto (the Fourth Amendment). The Fourth
Amendment amends that certain Revolving Credit Agreement among
Holdings, as Borrower, JPMorgan Chase Bank, N.A., as
Administrative Agent, SunTrust Bank, as Syndication Agent, and
the lenders party thereto, as amended (the Credit Agreement).
The Fourth Amendment extends the maturity date of the Credit
Agreement to June 27, 2018 and increases the borrowing capacity
thereunder from $50 million to $60 million. In connection with
the Fourth Amendment, Riverwalk pledged an additional 818,915
common units of NuStar Energy L.P. held by Riverwalk (for a total
of 2,926,833 common units) as collateral to secure the
obligations under the Credit Agreement.
The above discussion is qualified in its entirety by the text of
the Fourth Amendment, a copy of which is filed as Exhibit 10.01
to this Current Report on Form 8-K and incorporated herein by
reference.
Item 2.03 Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet
Arrangement of a Registrant.
The description set forth above under Item 1.01 is incorporated
by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
Exhibit
Exhibit 10.01
Fourth Amendment to Revolving Credit Agreement, dated
as of June 27, 2017, among NuStar GP Holdings, LLC,
Riverwalk Holdings, LLC, JPMorgan Chase Bank, N.A., as
Administrative Agent, and the lenders party thereto.



NuStar GP Holdings, LLC Exhibit
EX-10.01 2 nshform8-kexhibit1001.htm EXHIBIT 10.01 Exhibit Exhibit 10.01    FOURTH AMENDMENTTOREVOLVING CREDIT AGREEMENTdated as ofJune 27,…
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About NuStar GP Holdings, LLC (NYSE:NSH)

NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. (NuStar Energy). NuStar Energy is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products, and the marketing of petroleum products. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, and the United Kingdom. The Company’s subsidiary, NuStar GP, LLC, provides administrative services to it. The Company, through NuStar Energy, holds interests in approximately 80 terminal and storage facilities with over 90 million barrels of storage capacity, and approximately 8,700 miles of crude oil and refined product pipelines.