Tallgrass Energy Completes Private Placement Of 5.5% Senior Notes, Due 2024 For US$350 Million

Published: May 10 2017
Deal Summary

Tallgrass Energy Partners, LP, a midstream company, through its subsidiary Tallgrass Energy Finance Corp, completed the private placement of 5.5% senior notes, due 2024, for gross proceeds of US$350 million (MM). The notes were issued at 100% of par plus accrued interest from March 15, 2017.

Credit Suisse Securities (USA) LLC acted as placement agent to the company for the placement.The company intends to use the proceeds from the placement to repay outstanding borrowings under its existing senior secured revolving credit facility.

Deal history

Completed: Effective May 16, 2017, Tallgrass Energy completed the private placement of 5.5% senior notes, due 2024, for gross proceeds of US$350 MM.

Pricing: On May 11, 2017, Tallgrass Energy priced the private placement of 5.5% senior notes, due 2024, for gross proceeds of US$350 MM.

You can receive free Monthly detailed “Deals Analysis Alerts” delivered directly to your
inbox – sign up below:

* Indicates Mandatory
*Name:  
*Company:  
*Email:    
*Country:  
*Phone Number:          
Comments:
  captcha refresh
Enter Captcha Code:    

Send to friend

*Your EmailID:    
Message:
*Friend's EmailID:    
  captcha refresh
Enter Captcha Code: