Western Gas Partners, LP Closes $800 Million Revolving Credit Facility

Western Gas Partners, LP WES today announced that it has entered into a new $800 million, five-year unsecured revolving credit facility with a group of lenders. The facility will be used to refinance certain existing debt, for capital expenditures, potential asset acquisitions, and other general corporate purposes. At closing, the Partnership borrowed $250 million under the facility to retire its three-year, $250 million term loan that served to finance part of the Partnership's acquisition of the Wattenberg assets from Anadarko in August 2010.