Finance - Debt & Equity


Joint Lead Arrangers Commit To Sabine Pass Liquefaction

 Cheniere Partners will close credit facilities and issue Bechtel Oil Gas and Chemicals Inc. a notice to proceed on Train 5. Trains 1, 2 were about 90.8% complete May 31.

Mon, 06/29/2015 - 12:16

CorEnergy Prices Share, Note Offerings

CorEnergy offered 11.25 million common shares priced at $6 each for $67.5 million. CorEnergy also priced unsecured convertible senior notes at $100 million. Both offers scheduled to close June 29.

Thu, 06/25/2015 - 11:13

Rex American Resources Upsizes Share Buyback

When the previous 31,138 shares are added to this amount, Rex American can now buy back 531,138 shares. To date, the company has repurchased 466,444 shares priced at $62.53 each.

Thu, 06/25/2015 - 10:52

Tall Oak Midstream Subsidiaries Close $200 Million Facilities

Both new facilities mature on Sept. 30, 2016, and will support Stack and Woodford gas and oil gathering and processing. Capital One NA led six banks as administrative agent.

Wed, 06/24/2015 - 10:28

Williams Rejects Warren Stock-Based Takeover

Williams Cos. rejected a $48 billion stock-based takeover offer from pipeline magnate Kelcy Warren, Bloomberg said. Williams hired banks to explore alternatives to the offer. 

Mon, 06/22/2015 - 08:38

ETP Prices $3 Billion Senior Notes Offering

There are $650 million of 2.5% notes due 2018; $350 million of 4.15% notes due 2020; $1 billion of 4.75% notes due 2026; $1 billion of 6.125% notes due 2045.

Fri, 06/19/2015 - 09:36

Sempra Partners Could File For Registration In Second-Half 2015

 New MLP Sempra Partners will own stakes in natural gas import/export terminals, including interest in the Energia Costa Azul LNG facility in Mexico, Bloomberg said.

Wed, 06/17/2015 - 15:03

Tidewater Midstream Enters Gas Processing Facility Agreement

Tidewater Midstream and Infrastructure Ltd. entered an agreement with private company vendors to acquire their 63% operated working interest in a West Pembina, Alberta, gas processing facility and pipelines.

Wed, 06/17/2015 - 09:19

Azure Midstream Partners Offers Common Units

Net proceeds will repay some of the outstanding revolving credit facility borrowings. These may be reborrowed to fund the capital program, acquisitions and general partnership purposes.

Wed, 06/17/2015 - 08:47

Pembina Offers Notes In Two Tranches

The offer was made in two tranches, and is scheduled to close June 16. Net proceeds will repay short-term credit facility debt and support general corporate purposes.

Fri, 06/12/2015 - 10:09

Puzzler: Anadarko Cash Machine Rings Up Midstream Equity Offering

The offering would generate about $500 million, a drop in the bucket compared to Anadarko divestment sales in 2015 that totaled $3.3 billion or the company’s total $7.5 billion liquidity.

Tue, 06/09/2015 - 09:17

Intensity Midstream Formed With $300 Million In Equity

Oklahoma-based Intensity Midstream LLC will acquire, develop and operate high-quality midstream assets in North America. Intensity’s founders are Joseph L. Griffin and Derek G. Gipson, formerly of Hiland Partners LP.  

Mon, 06/08/2015 - 09:51