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Genesis Energy to pay down revolver with proceeds from senior notes
By Ashley Montgomery
Kansas City, Kan., Jan. 27 - Genesis Energy, LP will use the proceeds from its private placement of $100 million of 7 7/8% senior notes due 2018 to repay borrowings under its revolving credit facility, the company said in a news release.
Genesis Energy is a Houston-based diversified midstream energy master limited partnership.
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