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Debt
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Debt

10.  Debt

Hess Corporation:  In the second quarter of 2019, the Corporation entered into a new $3.5 billion revolving credit facility with a maturity date of May 15, 2023, which replaced the Corporation’s previous revolving credit facility that had been due to mature on January 21, 2021.  The new facility, which is fully undrawn, can be used for borrowings and letters of credit.  Borrowings on the new facility will generally bear interest at 1.30% above the London Interbank Offered Rate (LIBOR), though the interest rate is subject to adjustment if the Corporation’s credit rating changes.  The facility is subject to customary representations, warranties and covenants, including a financial covenant limiting the ratio of Total Consolidated Debt to Total Capitalization (as such terms are defined in the credit agreement for the facility) of the Corporation and its consolidated subsidiaries to 0.650 to 1.000, and customary events of default.

Hess Midstream:  In the three and nine months ended September 30, 2019, borrowings in the Midstream segment from revolving credit facilities were $16 million and $176 million, respectively.