March 5, 2018 / 9:43 PM / 9 months ago

BRIEF-CNX Midstream Partners Announces Private Offering

March 5 (Reuters) - CNX Midstream Partners Lp:

* CNX MIDSTREAM PARTNERS LP ANNOUNCES PRIVATE OFFERING OF $400 MILLION OF SENIOR NOTES

* CNX MIDSTREAM PARTNERS LP - ‍INTENDS TO OFFER AND SELL TO ELIGIBLE PURCHASERS $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2026​

* CNX MIDSTREAM PARTNERS LP - ‍CNX MIDSTREAM FINANCE CORP., A WHOLLY OWNED SUBSIDIARY OF CNX MIDSTREAM, WILL SERVE AS CO-ISSUER OF NOTES​

* CNX MIDSTREAM PARTNERS LP - TO USE PROCEEDS OF SALE OF NOTES TO FUND ACQUISITION OF CNX RESOURCE’S 95% INTEREST IN SHIRLEY-PENNSBORO GATHERING SYSTEM​

* CNX MIDSTREAM PARTNERS LP - CO ALSO INTENDS TO USE NET PROCEEDS OF SALE OF NOTES TO FUND REPAY EXISTING INDEBTEDNESS UNDER REVOLVING CREDIT FACILITY​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below