Western Refining to repay remaining balance of revolver via new notes

By Marisa Wong

Madison, Wis., Feb. 2 – Western Refining Logistics, LP plans to repay the outstanding balance of its revolving credit facility using a portion of the proceeds from an offering of senior notes, according to a press release.

The company announced a $300 million offering of notes due 2023 on Monday. Remaining proceeds from the notes issue will be used for general partnership purposes.

Western Refining Logistics is an El Paso-based pipeline company.

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