Atlas Energy extends first-lien facility, adds event of default

By Sarah Lizee

Olympia, Wash., Jan. 4 – Atlas Energy Group, LLC entered into a fifth amendment to its credit agreement with Riverstone Credit Partners, LP on Dec. 28 to extend the first-lien facility to Jan. 31, 2018 from Dec. 29, according to an 8-K filing with the Securities and Exchange Commission.

In addition, the amendment added an event of default if the company fails to provide to Riverstone written notice of the receipt of or making of some transaction proposals.

Atlas Energy is a Philadelphia-based oil and gas company.

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