Tallgrass Energy Prices Offering of $430 Million of 6.000% Senior Notes
18 Fevereiro 2020 - 8:32PM
Business Wire
Tallgrass Energy, LP (NYSE: TGE) announced today that its
subsidiaries Tallgrass Energy Partners, LP (“TEP”) and Tallgrass
Energy Finance Corp. priced an offering of $430 million in
aggregate principal amount of 6.000% senior unsecured notes due
2027 at an offering price equal to 98.591% of par.
The offering is expected to close February 20, 2020, subject to
satisfaction of customary closing conditions. TEP intends to use
the net proceeds of the offering to repay outstanding borrowings
under its existing senior secured revolving credit facility.
The securities to be offered have not been registered under the
Securities Act of 1933, as amended (the “Securities Act”), or any
state securities laws. Unless so registered, the securities may not
be offered or sold in the United States except pursuant to an
exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable
state securities laws. TEP plans to offer and sell the securities
only to qualified institutional buyers pursuant to Rule 144A under
the Securities Act and to non-U.S. persons in transactions outside
the United States pursuant to Regulation S under the Securities
Act.
This press release is being issued pursuant to Rule 135c under
the Securities Act, and is neither an offer to sell nor a
solicitation of an offer to buy the notes or any other securities
and shall not constitute an offer to sell or a solicitation of an
offer to buy, or a sale of, the notes or any other securities in
any jurisdiction in which such offer, solicitation or sale is
unlawful.
About Tallgrass Energy
Tallgrass Energy, LP (NYSE: TGE) is a growth-oriented midstream
energy infrastructure company operating across 11 states with
transportation, storage, terminal, water, gathering and processing
assets that serve some of the nation’s most prolific crude oil and
natural gas basins.
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version on businesswire.com: https://www.businesswire.com/news/home/20200218006154/en/
Investor and Financial Inquiries Nate Lien, (913) 928-6012
investor.relations@tallgrassenergylp.com or Media and Trade
Inquiries Phyllis Hammond, (303) 763-3568
media.relations@tallgrassenergylp.com
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