Item 1.01 Entry into a Material Definitive Agreement.

On April 13, 2022, Sprague Operating Resources LLC (the "U.S. Borrower") and Kildair Service ULC (the "Canadian Borrower" and, together with the U.S. Borrower, the "Borrowers"), wholly owned subsidiaries of Sprague Resources LP (the "Partnership"), entered into a second amendment to second amended and restated credit agreement (the "Amendment"), which amended the second amended and restated credit agreement, dated May 19, 2020 (as previously amended, the "Credit Agreement"), by and among the Borrowers, MUFG Bank, Ltd., as administrative agent, and the lenders party thereto (the "Lenders").

The Amendment amended the Credit Agreement to, among other things, (i) increase the Lenders' commitments under the Credit Agreement's (x) committed U.S. dollar revolving working capital facility from $465,000,000 to $535,900,000, (y) uncommitted U.S. dollar revolving working capital facility from $200,000,000 to $255,000,000 and (z) committed multicurrency revolving working capital facility from $85,000,000 to $96,600,000, (ii) replace the ability of the Borrowers to elect that borrowings accrue interest at the London Inter-Bank Offered Rate, plus a margin, with the ability of the Borrowers to elect that borrowings accrue interest at a forward-looking term rate based on the secured overnight financing rate ("Term SOFR"), plus a margin and a Term SOFR spread adjustment, and (iii) extend the permitted expiration date of letters of credit from six months to one year after the applicable facility termination date.

The foregoing description is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated in this Item 1.01 by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information contained in Item 1.01 above is incorporated herein by reference.




Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

EXHIBIT            DESCRIPTION
10.1                 Second Amendment, dated April 13, 2022, to Second Amended and Restated
                   Credit Agreement, dated May 19, 2020, among Sprague Operating Resources LLC,
                   as U.S. Borrower, Kildair Service ULC, as Canadian Borrower, the several
                   lenders parties thereto, MUFG Bank Ltd., as administrative agent, the
                   co-syndication agents, the co-collateral agents and the co-documentation
                   agents party thereto.
104                Cover Page Interactive Data File (formatted in Inline XBRL)




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