Cases & Deals

MPLX obtains $1 billion delayed draw term loan facility

Client(s) Marathon Petroleum Corporation

Jones Day represented MPLX LP in connection with a $1 billion delayed draw term loan facility with Wells Fargo Bank, National Association, as administrative agent. MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets, and provides fuels distribution services.