Kinetik Completes Successful Comprehensive Refinancing Plan

HOUSTON and MIDLAND, Texas, June 08, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ: KNTK) (“Kinetik”) today announced that it has successfully completed its comprehensive refinancing (the “Refinancing”) consisting of a new, five-year $1.25 billion unsecured revolving credit facility (fully undrawn at close), a new, three-year $2.0 billion unsecured term loan A facility and $1.0 billion 5.875% sustainability-linked senior notes due 2030.

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