Loan & DebtApr 10, 2026, 04:21 PM
XPLR Infrastructure Subsidiaries Secure $232M Term Loan
AI Summary
XPLR Infrastructure, LP's indirect subsidiaries have secured a new limited-recourse senior secured variable rate term loan facility, borrowing approximately $232 million. This financing provides additional capital, with about $27 million still available under the facility, subject to specified conditions. The new debt obligation impacts the company's financial structure.
Key Highlights
- Indirect subsidiaries borrowed approximately $232 million.
- The loan is a limited-recourse senior secured variable rate term facility.
- Approximately $27 million remains available under the facility.