Genesis Energy, L.P announced that it has successfully syndicated and closed on a refinancing of its existing revolving credit facility with $950 million in new commitments from existing lenders, including a new $650 million revolving credit facility and a $300 million Term Loan A, both due March 15, 2024. Proceeds from the Term Loan A will be used to repay an equivalent amount outstanding under the existing revolving facility. The new facility is comprised of a $650 million revolving facility and a $300 million Term Loan A, the proceeds from which will be used to pay down the balance under existing revolver. The term loan will begin amortizing at the end of the fourth quarter of 2021 at $15 million per quarter through the fourth quarter of 2022, increasing to $25 million a quarter thereafter with the balance due at maturity. The relevant covenants contained in the new facility are: Maximum Consolidated Leverage Ratio: 5.85x first quarter of 2021 and second quarter of 2021; 5.75x third quarter of 2021 through first quarter of 2022; and 5.50x thereafter. Maximum Senior Secured Leverage Ratio: 2.50x. Minimum Interest Coverage Ratio: 2.50x.