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Archrock unit closes $500M offering of senior notes due 2028

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Archrock unit closes $500M offering of senior notes due 2028

Archrock Inc. subsidiary Archrock Partners LP completed an offering of $500 million principal amount of 6.25% senior notes due 2028.

It will use the proceeds to partially repay outstanding borrowings under its revolving credit facility and for general partnership purposes, according to a Dec. 20 news release.

Archrock Partners unit Archrock Partners Finance Corp. is the co-issuer of the notes.