DT Midstream amends credit agreement to allow $700 million bridge loan for pipeline deal
On November 25, 2024, DT Midstream amended its credit agreement to permit certain bridge loans, including a $700 million 364-day bridge facility from Barclays Bank PLC. The bridge provides backstop funding for the company's purchase of all equity interests in Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission. As of the filing date, $293.7 million of commitments were outstanding under the bridge facility, and the filing gives no financial results or purchase price.
Key points
- Amendment No. 3 to the credit agreement signed November 25, 2024, with Barclays Bank PLC as administrative agent
- $700 million 364-day bridge loan facility from Barclays Bank PLC, with $293.7 million in commitments outstanding on the filing date
- Bridge backs the purchase of Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 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 November 27, 2024.
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.