Energy-focused private-equity firm EIV Capital completed its $20 million investment commitment to Gazelle Transportation, according to an Oct. 12 press release.
The net proceeds will be used to reduce senior secured revolving credit facility borrowings.
The 45% rise in the price of oil this year means energy is no longer the 'overwhelmingly deflationary' influence it was as recently as a year ago, the IEA says.
Locke Lord LLP advised Tailwater, and Mack Matheson & Marchesoni PLLC and Stephens Inc. advised Producers Midstream.
Gunvor, which reported a rise in trading volumes to 180 million tonnes in 2015 from 137 million tonnes in 2014, is one of the world's largest commodity traders, Reuters reported.
The underwriters will likely receive an option to purchase 1.5 million additional units to cover overallotments.
Under the terms of the amended facility, EPO may borrow up to $1.5 billion, which may be increased by up to $200 million to $1.7 billion.
Noble Midstream Partners LP will own and operate pipelines and processing assets largely in Colarado's Weld County. Noble will use the proceeds from the IPO to put cash back into its parent company.
PBF used a portion of the proceeds to fund part of the purchase price for its recently completed acquisition of a 50% interest in Torrance Valley Pipeline Co. LLC from an affiliate of PBF Energy Inc.
Antero Midstream Partners LP said Sept. 6 that it will offer $500 million of senior unsecured notes due 2024 in a private placement.
Houston-based Noble Energy shelved its plan to take its midstream unit public in November due to a slump in oil prices. It first filed for an IPO on Oct. 22.
J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Mizuho Securities USA Inc. and RBC Capital Markets LLC are joint book-running managers.