Finance - Debt & Equity

OMV To Secure Financing For Nord Stream 2 Pipeline

Austrian oil and gas group OMV AG said April 24 it would provide long-term financing to secure 30% of its share of project costs of the Nord Stream 2 pipeline from Russia.


ONEOK Announces New $2.5 Billion Revolving Credit Facility

Terry K. Spencer, president and CEO of ONEOK and ONEOK Partners, said this is a positive step in the move forward as one standalone company.


Hess Midstream Partners Prices Upsized IPO

The offering is expected to close on April 10. Upon closing, the public will hold an approximate 26.5% limited partner interest. If the underwriters exercise the option in full, that interest will be an approximate 30.5%.


Northwest Pipeline Issues Private Placement Of Notes

The net proceeds will repay the $185 million of 5.95% senior notes due 2017 upon their maturity on April 15, and support general corporate purposes.


Hess Midstream Partners Opens IPO

The units will trade on the New York Stock Exchange under the ticker symbol "HESM."


American Midstream Upsizes Revolving Credit Facility

Two deals increase MLP's borrowing limit to $1.1 billion and provide $275 million in liquidity.


Without Delays, DAPL Financial Deals Fall Into Place

ETP, MPLX and Enbridge complete transactions on the Bakken Pipeline System.


Report Reveals Midstream Investing Risk By Scrutinizing Operations, Financials

East Daley takes a granular approach in its outlook for 23 prominent midstream public companies.


EIV Capital Closes $450 Million Midstream Private Equity Fund

The midstream infrastructure projects it will support include gathering, processing, distribution, storage and marketing of oil, natural gas and refined products. It will also support related segments of the energy value chain, the firm said.


Sendero Midstream Receives Funding To Construct Delaware Basin Gas System

The system near Carlsbad in Eddy County, N.M., will have low- and high-pressure gas gathering pipelines, a 130 million cubic feet per day cryogenic processing plant and an NGL takeaway pipeline.


Southcross Energy Partners Amends Revolving Credit Facility

The amendment also provides for a new $15 million commitment from certain of the parent’s shareholders in the form of equity or debt by Dec. 31, 2017.


Cheniere Terminates Negotiations For Cheniere Energy Partners LP Holdings

There were more than six weeks of negotiations, but Cheniere determined that an acceptable definitive agreement could not be reached, according to a Dec. 9 press release.