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Actionable news in VLO: VALERO ENERGY CORPORATION,

Entry into a Material Definitive

On November12, 2015, Valero Energy Corporation (the Company) amended and restated its existing revolving credit agreement dated as of November22, 2013 to, among other things, extend the maturity two years from November22, 2018 to November12, 2020 and reduce the commitment fees and interest rates applicable to borrowings thereunder. The amended and restated credit agreement (the Credit Facility) was entered into by and among the Company, JPMorgan Chase Bank, N.A. as Administrative Agent and the several lenders party thereto. The Credit Facility provides for a revolving credit facility in an aggregate principal amount of up to $3,000,000,000 with a letter of credit subfacility of up to $2,000,000,000. Revolving commitments under the Credit Facility may be increased by up to $1 ,500,000,000 for a total revolving commitment of $4,500,000,000.

Borrowings under the Credit Facility bear interest at the eurodollar rate or the base rate, at the Companys election, plus an applicable rate ranging from 0.9% to 1.45% (in...


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