MarkWest to pay down revolver borrowings with senior notes offering

By Tali Rackner

Norfolk, Va., Feb. 26 – MarkWest Energy Partners LP plans to repay borrowings under its revolving credit facility with the proceeds from a senior unsecured notes offering, according to a press release.

Remaining net proceeds will be used to fund the company’s capital expenditure program and to provide working capital for general partnership purposes.

MarkWest is a Denver-based company that gathers and transports natural gas, natural gas liquids and crude oil.

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