Finance - Debt & Equity

DTE’s Equity Offering Proceeds Will Purchase Midstream Assets

The underwriters will likely receive an option to purchase 1.5 million additional units to cover overallotments.


Enterprise Products Operating Extends Revolving Credit Agreement

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 Prices IPO Above Earlier Expectations

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 Logistics Reports Update On $88 Million Common Unit Offering

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 Will Offer Private Placement Of Notes

Antero Midstream Partners LP said Sept. 6 that it will  offer $500 million of senior unsecured notes due 2024 in a private placement.


Noble Midstream Expects To Raise Up To $263 Million In IPO

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.


Magellan Midstream Prices $500 Million Debt Offering

J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Mizuho Securities USA Inc. and RBC Capital Markets LLC are joint book-running managers. 


Williams Will Purchase Units Through $250 Million Private Placement

The units are priced at $35.84 each.


SEC: Enbridge Files $7 Billion Mixed Shelf Offering

Enbridge is expanding its North American pipeline network, which carries the bulk of Canadian crude oil exports to the U.S., Reuters reported.


Howard Energy Partners Reports $500 Million Private Placement

AIMCo will initially purchase $300 million units with a commitment to purchase an additional $200 million in the future. 


Williams Stock Goes Up As Dividend Goes Down

Williams cuts dividend by 69%, citing turmoil after failed ETE merger and low commodity prices.


GasLog Partners LP Prices Common Units

The net proceeds will support general partnership purposes including debt repayment, capex and additions to working capital, as well as future acquisitions.