Martin Midstream Partners L.P. Form 8-K Filing
2026-04-06SEC Filing 8-K (0001176334-26-000016)
On March 31, 2026, Martin Midstream Partners L.P. (the "Partnership") and its subsidiary Martin Operating Partnership L.P. entered into a Third Amendment to their Fourth Amended and Restated Credit Agreement. The amendment, effective March 31, 2026, reduces the revolving credit availability from $130.0 million to $115.0 million. It also adjusts financial covenants, requiring a minimum Interest Coverage Ratio starting at 1.65:1.00 and stepping up to 1.75:1.00 by Q1 2027, and a maximum Total Leverage Ratio starting at 5.50:1.00 and stepping down to 5.00:1.00 by Q3 2027. These changes are detailed in the filing, which includes the full text of the Third Amendment and related exhibits.
Ticker mentioned:MMLP
Source:Original SEC Document β