trending Market Intelligence /marketintelligence/en/news-insights/trending/dKolv8FbHeMZBzGswvl_9w2 content esgSubNav
In This List

EnLink Midstream prices $500M senior notes offering

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


EnLink Midstream prices $500M senior notes offering

EnLinkMidstream Partners LP priced an upsized of $500 million of4.850% senior notes due 2026 at 99.859% of face value.

The estimated net proceeds of $495.7 million are intendedfor the repayment of outstanding borrowings under EnLink's revolving creditfacility and for general partnership purposes, according to a July 11 newsrelease.

EnLink's offering, which was increased from $400 million, isexpected to close July 14, subject to customary conditions.

BofA Merrill Lynch, J.P. Morgan, and SunTrust RobinsonHumphrey are acting as representatives and joint book-running managers for theoffering.