trending Market Intelligence /marketintelligence/en/news-insights/trending/mig6jropktmbylhfxhnhvq2 content esgSubNav
In This List

Valero Energy Partners prices $500M senior note offering

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Valero Energy Partners prices $500M senior note offering

Valero Energy Partners LP priced a $500 million public offering of 4.5% senior notes due 2028, with proceeds to be used for general partnership purposes such as debt repayment and funding working capital.

The offering is scheduled to close on March 29. Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., Citigroup Global Markets Inc., Merrill Lynch Pierce Fenner & Smith Inc., SMBC Nikko Securities America Inc. and SunTrust Robinson Humphrey Inc. acted as joint book-running managers.

Valero Energy Partners, a subsidiary of Valero Energy Corp., is engaged in the transportation and logistics of crude oil and refined petroleum products, with assets in the Gulf Coast and Mid-Continent regions.