Altera Infrastructure L.P. Enters into the First Supplemental Indenture
January 18, 2022 at 09:33 pm
On January 14, 2022, Altera Infrastructure L.P. entered into the First Supplemental Indenture to the Indenture, dated as of August 27, 2021 by and among Altera Infrastructure Holdings L.L.C. the Company and U.S. Bank National Association, as trustee (the Trustee) governing the Companys 11.50% Senior Secured PIK Notes due 2026. The First Supplemental Indenture provides for, among other things, amendments to the terms of the Indenture to permit a new revolving credit facility and related supplementary and ancillary documents. On January 14, 2022, the Company also entered into the Second Supplemental Indenture (the Second Supplemental Indenture) to the Indenture, by and among Holdings and the Trustee. The Second Supplemental Indenture provides for, among other things, additional guarantors of the Notes.