ARM Energy Closes Oversubscribed $600 Million Revolving Credit Facility

HOUSTON--(BUSINESS WIRE)--ARM Energy Trading, LLC (“ARM Energy Trading”), a leading physical energy marketing and trading firm, today announced the closing of an oversubscribed two-year, USD $600 million revolving credit facility (the “Facility”) with a $200 million accordion to support its marketing and trading segment, ARM Energy Services, LLC and its subsidiaries. The Facility was initially launched at $500 million and was oversubscribed by approximately 40%.

The Facility received strong support from its existing lenders and added two new banks to the syndicate. Rabobank North America acted as the Administrative Agent and Bookrunner. ING Capital, Macquarie Bank Limited, MUFG Bank, Natixis, Wells Fargo and Sumitomo Mitsui Banking Corp acted as Joint Lead Arrangers. Other participating banks in the Facility include Brown Brothers Harriman & Co, First Horizon Bank, Garantibank International NV, HSBC Bank USA, Mizuho Bank, Ltd. and Valley National Bank.

“We are proud to have supported ARM Energy’s growth over the years and to lead this financing. The strong support from the banking market reflects the confidence in ARM Energy’s business, its continued growth prospects and the important role that energy trading companies play in today’s evolving energy markets,” said Christine Pelletier, Head of Energy Transition Coverage, North America at Rabobank.

ARM Energy Services, LLC (“ARM Energy Services”) will utilize the Facility to refinance its existing two-year, $400 million revolving credit facility that was set to mature in April 2027. ARM Energy Services will continue to leverage the Facility for general corporate and working capital purposes, including letter of credit issuances.

Zach Lee, Chief Executive Officer of ARM Energy said, “This Facility provides us with additional liquidity to continue building upon our asset-backed physical trading portfolio and enables us to offer both short and medium term solutions to growing customer segments driven by LNG export growth and increased AI-driven power demand. The significant oversubscription from our banking partners reflects their confidence in the execution of our operations and the future direction of ARM Energy Trading.”

Bo Dunne, Chief Financial Officer of ARM Energy added, “We are appreciative of the continued collaboration with Rabobank, the increased commitments from our existing lenders and are pleased to welcome Natixis and HSBC Bank as participants. The Facility improves pricing, provides a strong liquidity foundation amidst a dynamic geopolitical environment and accommodates our long-term growth strategy.”

About ARM Energy

Headquartered in Houston, with offices in Calgary, Los Angeles and Nashville, ARM Energy Holdings, LLC is a premier infrastructure and wholesale energy marketing and trading firm, active in every sector of the energy value chain across major North American oil and gas basins and key supply centers. For more information, please visit www.armenergy.com.

About Rabobank North America

Rabobank is one of the world's largest cooperative banks and a global leader specializing in food, agribusiness and energy. In North America, Rabobank serves clients with corporate and investment banking advisory and financing solutions, including specialized agricultural and equipment financing, leveraging its global strength and reach to provide knowledge and a competitive advantage across the entire food and energy value chain. Additional information is available on the Rabobank North America website, www.RabobankNA.com, or on LinkedIn, Facebook and Instagram.