Archrock amends credit facility, cutting borrowing margins by 0.25% and commitment fee
Archrock, Inc. and its borrowing subsidiaries signed a Third Amendment to their senior secured asset-based revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent. The amendment removes a 0.10% credit spread adjustment, lowers the applicable margin by 0.25% per annum, and cuts the commitment fee on unused amounts from 0.375% to 0.25% per annum when less than 50% of the facility is used. The changes lower the company's borrowing costs under the facility, though the filing does not state a dollar size for the facility.
Key points
- Agreement dated December 12, 2025, amends the credit agreement originally dated May 16, 2023
- Term SOFR loan margin range becomes 1.75% to 2.50% per annum; Base Rate loan margin becomes 0.75% to 1.50% per annum
- Commitment fee on unused amounts falls from 0.375% to 0.25% per annum when less than 50% of the facility is utilized
- Full text filed as Exhibit 10.1 to the 8-K
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.