February 01, 2015 9:40 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Regency Gas Services LP

Company Overview

Regency Gas Services LP gathers, treats, processes, transports, and markets natural gas and natural gas liquids. The company was incorporated in 2003 and is based in Dallas, Texas. Regency Gas Services LP operates as a subsidiary of Regency Energy Partners LP.

2001 Bryan Street

Suite 3700

Dallas, TX 75201

United States

Founded in 2003





Key Executives for Regency Gas Services LP

Regency Gas Services LP does not have any Key Executives recorded.

Regency Gas Services LP Key Developments

Regency Energy Partners LP and Regency Gas Services LP Enter into Second Amendment to Sixth Amended and Restated Credit Agreement

On September 15, 2014, Regency Energy Partners LP and Regency Gas Services LP, a wholly owned subsidiary of the Partnership, entered into the Second Amendment to Sixth Amended and Restated Credit Agreement, effective as of September 15, 2014, among the Borrower, the Partnership and the other guarantors named therein, the administrative agent, the collateral agent, and the lenders thereto (all as named therein) (the Second Amendment). The material changes contained in the Second Amendment compared to the Sixth Amended and Restated Credit Agreement, dated May 21, 2013 (the previous credit agreement), as amended by that certain First Amendment to Sixth Amended and Restated Credit Agreement, dated February 18, 2014 (the First Amendment) include: an increase in the letter of credit sublimit from $50 million to $100 million, with none of the four individual issuing banks being required to issue letters of credit in excess of $25 million; an increase in the general basket of permitted investments from $300 million to $500 million; the addition of provisions permitting investments in Ohio River System LLC, a joint venture with American Energy - Midstream, LLC, affording it similar treatment to the Partnership's existing joint ventures; and updates to various swap agreement provisions to conform to current market standards.

Regency Gas Services LP Announces Amendment No. 4 to the Fifth Amended and Restated Credit Agreement

On February 15, 2013, Regency Gas Services LP, the lenders, Wells Fargo Bank, N.A., as administrative agent for the lenders and as collateral agent for the secured parties, Wells Fargo Bank, N. A and Bank of America, as issuing banks, Wells Fargo Bank, N.A, as swingline lender, and the other arrangers and agents party thereto entered into an Amendment Agreement No. 4 to the Fifth Amended and Restated Credit Agreement, effective as of March 4, 2010, among the Borrower, the Partnership and other guarantors named therein, the joint lead arrangers and joint bookmanagers, the administrative agent, the syndication agents, the collateral agent, the co-documentation agents and the lenders. The Fourth Amendment, among other things: amends the definition of “Material Project” in the Credit Agreement to include certain Lone Star NGL projects and a certain Ranch Westex JV LLC project; and increases the limitation in the Credit Agreement on aggregate pro-forma additions to consolidated EBITDA attributed to Material Projects from 15% to 20%.

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