Plains GP Holdings Secures $1.1 Billion Senior Unsecured Term Loan
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Plains GP Holdings, through its subsidiary Plains All American Pipeline, has secured a $1.1 billion senior unsecured term loan from PNC Bank and a syndicate of lenders. The loan, signed on November 26, 2025, is set to be funded by December 2, 2025, with a two-year maturity. It includes a prepayment option and a mandatory prepayment tied to the sale of PAA's Canadian natural gas liquids business. Additionally, PAA terminated the EPIC Credit Agreement on December 1, 2025.
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