Finance - Debt & Equity

BP Considering IPO Of US Midwest, Gulf Coast Pipeline Assets

BP is considering an IPO of its vast U.S. Midwest and Gulf Coast pipeline assets, the company said July 18, a move that would raise cash.

Reuters

Cheniere Corpus Christi Holdings Upsizes Notes Offering To $1.5 Billion

The net proceeds will prepay part of the principal amounts currently outstanding under CCH's term loan credit facility.

Antero Midstream GP Raises $875 Million In IPO

Proceeds from IPOs of MLPs, the structure used by most energy firms to house assets that ship and store oil and gas, dropped to $323 million last year from $4.9 billion in 2015, according to Thomson Reuters data, Reuters reported.

Reuters

Kinder Morgan Files For IPO To Raise Trans Mountain Funds

Kinder Morgan said April 24 its Canadian unit filed a prospectus for an IPO of restricted voting shares, to help finance its C$7.4 billion (US$5.48 billion) Trans Mountain expansion project.

Reuters

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.

Reuters

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%.

Business Wire

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.

Business Wire

Hess Midstream Partners Opens IPO

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

Business Wire

American Midstream Upsizes Revolving Credit Facility

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

Hart Energy Staff

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.

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