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Published on 10/3/2013 in the Prospect News Bank Loan Daily.

NGL Energy Partners to reduce revolving facility via note proceeds

By Tali David

Minneapolis, Oct. 3 - NGL Energy Partners LP plans to use proceeds from a senior notes offering to reduce borrowings under its senior secured revolving credit facility, according to a press release.

NGL Energy Partners is a Tulsa, Okla.-based energy business with four operating segments: water treatment, midstream, wholesale supply and the marketing and retail of propane and heating oil.


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