Global Partners LP filed SEC Form 8-K: Creation of a Direct Financial Obligation
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| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
On March 13, 2026, Global Partners LP (the “Partnership”), as guarantor, and certain of its subsidiaries, as borrowers, agreed with the lenders party to the Partnership’s Third Amended and Restated Credit Agreement dated April 25, 2017 (as amended, the “Credit Agreement”) pursuant to the terms of the Credit Agreement to exercise the accordion feature in the Credit Agreement and increase the Aggregate WC Interim Commitments by $300 million as provided in Section 2.13 of the Credit Agreement. The increase is effective as of March 13, 2026, for a period not to exceed 364 days, after which the Aggregate WC Interim Commitment would be automatically reduced to $0. In addition, the Partnership received lenders’ approval to reallocate up to $200 million of the Aggregate Revolver Commitment to the Aggregate WC Commitments as provided in Section 2.05(b) of the Credit Agreement, at the Partnership’s option.
Capitalized terms used but not defined herein have the meanings respectively ascribed to such terms in the Credit Agreement. 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 December 31, 2025.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| GLOBAL PARTNERS LP | ||
| By: | Global GP LLC | |
| its general partner | ||
| Dated: March 19, 2026 | By: | /s/ Kristin K. Seabrook |
| Kristin K. Seabrook | ||
| Chief Legal Officer and Secretary | ||