Genesis Energy LP launches $500 million senior notes offering due 2034

Reuters
12 hours ago
<a href="https://laohu8.com/S/GNE.AU">Genesis Energy</a> LP launches $500 million senior notes offering due 2034

Genesis Energy, L.P. announced the launch of a registered, underwritten public offering of $500 million of senior notes due 2034, to be co-issued with Genesis Energy Finance Corporation and initially guaranteed by most subsidiaries. Proceeds are expected to fund the purchase or redemption of up to $490 million of its outstanding 7.75% senior notes due 2028 and for general partnership purposes, including partial repayment of revolving borrowings under its senior secured credit facility. The prospectus will be available on the SEC website at www.sec.gov.

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