Global Partners LP: amends credit agreement, extends maturity to Oct 16, 2031

What happened

• On Oct 16, 2026, Global Partners LP entered into the Twelfth Amendment to the Third Amended and Restated Credit Agreement and Joinder, amending the Existing Credit Agreement. The Twelfth Amendment extends the maturity date of the credit facility from Mar 20, 2028 to Oct 16, 2031 and includes lender assignment provisions.

Key details

• The Twelfth Amendment maintains the $1,000,000,000 Aggregate WC Commitment and the $500,000,000 Aggregate Revolver Commitment.
• The Twelfth Amendment reduces the previously extended Aggregate WC Interim Commitment to $0.
• The Twelfth Amendment permits assignment of all or a portion of certain lenders’ Loans and Commitments to certain other new and/or existing lenders.
• The filing states all other material terms of the Credit Agreement remain the same as disclosed in the Partnership’s Annual Report on Form 10-K for the year ended Dec 31, 2025.

Why it may matter

• Reported items: Item 1.01 (entry into a material definitive agreement) and Item 2.03 (creation of a direct financial obligation or an obligation under an off-balance sheet arrangement). Item 1.01 describes the Twelfth Amendment and the changes it makes to the Existing Credit Agreement; Item 2.03 relates to the resulting financial obligations under that agreement. This filing does not show why the insider traded or why the company acted.