Genesis Energy (GEL) said late Wednesday it priced a public offering of $750 million of 6.75% senior notes due 2034 at 100% of their principal amount, upsized from a previously planned $500 million.
The company expects the offering to close March 4 and plans to use the net proceeds for the purchase or redemption of any and all of the outstanding total principal amount of its 7.75% senior notes due 2028, and for general corporate purposes.
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