DALLAS, April 4, 2019 /PRNewswire/ -- EnLink
Midstream, LLC (NYSE: ENLC) ("ENLC") today announced its intention,
subject to market conditions, to offer senior notes in a public
offering. The senior notes will be fully and unconditionally
guaranteed on a senior basis by EnLink Midstream Partners, LP
("ENLK"), a subsidiary of ENLC. ENLC intends to use the net
proceeds from this offering to repay outstanding borrowings under
its revolving credit facility, including borrowings incurred on
April 1, 2019 to repay at maturity
all of the $400.0 million outstanding
aggregate principal amount of ENLK's 2.70% senior notes due 2019,
and for general limited liability company purposes.
RBC Capital Markets, LLC, BMO Capital Markets Corp., SunTrust
Robinson Humphrey, Inc., and Wells Fargo Securities, LLC are acting
as representatives and joint book-running managers for the
offering. A copy of the prospectus supplement and accompanying base
prospectus relating to the offering may be obtained by sending a
request to:
RBC Capital Markets, LLC
Brookfield Place, 200 Vesey Street,
8th Floor
New York, NY 10281
Toll-free Phone: (866) 375-6829
BMO Capital Markets Corp.
3 Times Square, 25th Floor
New York, NY 10036
Attn: US Syndicate
Toll-free Phone: (866) 864-7760
Email: USDSyndicate@bmo.com
SunTrust Robinson Humphrey
303 Peachtree Street
Atlanta, GA 30308
Attn: Prospectus Dept
Toll-free Phone: (800) 685-4786
Email: STRHdocs@suntrust.com
Wells Fargo Securities, LLC
550 S. Tryon Street, 5th Floor
Charlotte, NC 28202
Attention: Leveraged Syndicate
Email: IBCMDCMLSHYLeveragedSyndicate@wellsfargo.com
You may also obtain these documents free of charge when they are
available by visiting the Securities and Exchange Commission's
website at www.sec.gov.
The senior notes and ENLK's guarantee are being offered and will
be sold pursuant to an effective shelf registration statement that
was previously filed with the Securities and Exchange Commission.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the securities described herein,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. This offering
may be made only by means of the preliminary prospectus supplement
and accompanying base prospectus.
About the EnLink
Midstream Companies
EnLink Midstream reliably
operates a differentiated midstream platform that is built for
long-term, sustainable value creation. EnLink's best-in-class
services span the midstream value chain, providing natural gas,
crude oil, condensate, and NGL capabilities. Our purposely built,
integrated asset platforms are in premier production basins and
core demand centers, including the Permian Basin, Oklahoma, North
Texas, and the Gulf Coast. EnLink's strong financial
foundation and commitment to execution excellence drives
competitive returns and value for our employees, customers, and
investors. Headquartered in Dallas, EnLink is publicly traded through
EnLink Midstream, LLC (NYSE: ENLC). Visit www.EnLink.com to learn
how EnLink connects energy to life.
Forward-Looking Statements
This press release
contains forward-looking statements within the meaning of the
federal securities laws. Although these statements reflect the
current views, assumptions, and expectations of EnLink's
management, the matters addressed herein involve certain
assumptions, risks, and uncertainties that could cause actual
activities, performance, outcomes, and results to differ materially
from those indicated herein. Therefore, you should not rely on any
of these forward-looking statements. All statements, other than
statements of historical fact, included in this press release
constitute forward-looking statements, including but not limited to
statements identified by the words "may," "will," "anticipate,"
"intend," "expect," and similar expressions. Such forward-looking
statements include, but are not limited to, statements regarding
the anticipated consummation of the offering, the intended use of
offering proceeds, the anticipated terms of the securities
described herein, other aspects of the offering, and other
statements that are not historical facts. Such forward-looking
statements are subject to a variety of known and unknown risks,
uncertainties, and other factors that are difficult to predict and
many of which are beyond management's control, including risks and
uncertainties related to market conditions and EnLink's business.
An extensive list of factors that can affect EnLink's business are
discussed in EnLink Midstream, LLC's and EnLink Midstream Partners,
LP's filings with the Securities and Exchange
Commission, including EnLink Midstream, LLC's and
EnLink Midstream Partners, LP's Annual Reports on Form 10-K,
Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
Neither EnLink Midstream, LLC nor EnLink Midstream Partners, LP
assumes any obligation to update any forward-looking
statements.
Investor Relations: Kate
Walsh, Vice President of Investor Relations, 214-721-9696,
Kate.Walsh@enlink.com
Media Relations: Jill
McMillan, Vice President of Public & Industry Affairs,
214-721-9271, Jill.McMillan@enlink.com
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SOURCE EnLink Midstream