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Home Hartree Partners, Sprague Close $662.5 Million Acquisition Credit Facility

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Hartree Partners, Sprague Close $662.5 Million Acquisition Credit Facility

NEW YORK--(BUSINESS WIRE)--Hartree Partners, LP and subsidiary Sprague Operating Resources LLC announced today the closing of a $662.5 million senior secured acquisition credit facility. The three-year facility, which has two one-year extension options, is designed to support Hartree’s capital expenditures, liquidity needs and future acquisition growth. The facility also includes an accordion feature allowing Hartree to increase the size of the loan to $750 million. A diverse group of nine fina...

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