trending Market Intelligence /marketintelligence/en/news-insights/trending/QDEYPpd6jj4mHOkVBbiXSQ2 content esgSubNav
In This List

Tallgrass prices $250M senior note offering


According to Market Intelligence, December 2022


Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes


Energy Evolution | How will US Democrats' new deal on climate affect the energy transition?


Energy Evolution | New York's aggressive climate goals create a market for manufacturers

Tallgrass prices $250M senior note offering

Tallgrass Energy Partners LP priced its offering of $250 million in senior notes at 101.5% of par plus accrued interest from Sept. 15, according to a Dec. 7 news release.

The 5.50% notes due 2028 are an add-on to the partnership's existing 5.50% senior notes, of which Tallgrass issued $500 million in a private placement Sept. 15.

The additional notes will be issued under the same indenture, treated as a single class of debt securities and have the same terms as the previously issued senior notes. Net proceeds would be used to pay down senior secured revolver debt.