Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Altisource Solutions Sarl > News item |
Magellan Midstream may repay revolver with senior notes offerings
By Tali Rackner
Norfolk, Va., Feb. 25 – Magellan Midstream Partners, LP plans to repay any borrowings outstanding under its revolving credit facility with the proceeds from two new senior notes offerings, according to a 424B2 filing with the Securities and Exchange Commission.
Borrowings under the revolver, which matures Nov. 21, 2018, have been used for general partnership purposes, including capital expenditures and business acquisitions.
As of Feb. 20, the outstanding balance was zero.
The energy transportation, storage and distribution company is based in Tulsa, Okla.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.