Azure Midstream Energy LLC announced the successful completion of its acquisition of Marlin Midstream GP LLC.
Proceeds will be used to repay indebtedness, which may include amounts outstanding under the partnership’s commercial paper program and credit facility.
Proceeds will be used to pay capital costs for the construction of the first four liquefaction trains at Sabine Pass' facility in Cameron Parish, La.
Proceeds will be used for general partnership purposes and to repay borrowings outstanding under its revolving credit facility, if any, and its commercial paper program.
About 31.6 million partnership units were issued in a dropdown financing.
The offer is scheduled to close Feb. 23.
The company's Calcasieu Parish Pass project in Cameron Parish, La., is scheduled to begin operations in late 2019.
Net proceeds will support the pending acquisition of SemGroup Corp.’s remaining crude oil assets.
The offer is scheduled to close Feb. 11.
Columbia Pipeline Partners LP, a NiSource Inc. company, announced the pricing of its IPO of 46.8 million common units representing limited partner interests in the partnership at $23 per common unit.
To facilitate the first of two financings needed to complete a previously announced transaction with Marlin Midstream Partners LP, Azure Midstream Energy LLC entered into agreement with lenders to amend its $550 million senior secured term loan and senior secured revolving credit facility.
Pembina Pipeline Corp. has agreed to offer $600 million of senior unsecured medium-term notes.