ENTERPRISE PRODUCTS PARTNERS L.P. REFINANCES ITS BANK CREDIT FACILITY

Hart's Petroleum Finance Week, November, 2002

Enterprise Products Partners L.P.'s (NYSE: EPD) operating partnership completed the refinancing of its $230 million, 364-day revolving bank credit facility, the Houston midstream energy partnership said last week. The refinancing, which is effective as of Nov. 15, extends the maturity of the current 364-day unsecured credit facility from that day to Nov. 14, 2003. Wachovia Bank is the credit facility's administrative agent, with Royal Bank of Canada and SunTrust Bank as co-documentation agents and Bank One and The Bank of Nova Scotia as co-syndication agents.

(Copyright 2002 Chemical Week Associates. All rights reserved.)

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