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Prospect News home > News index > List of issuers Paydowns > Headlines for Altisource Solutions Sarl > News item
Published on 3/9/2015 in the Prospect News Bank Loan Daily.

Crestwood Midstream to repay revolver borrowings with new notes funds

By Marisa Wong

Madison, Wis., March 9 – Crestwood Midstream Partners LP plans to pay down borrowings under its revolving credit facility using proceeds from an offering of senior notes due 2023, according to a press release.

The company will also use funds from the new notes to redeem all of its outstanding 7¾% senior notes due 2019 and for general partnership purposes.

Based in Houston, Crestwood Midstream Partners owns and operates midstream businesses in multiple unconventional shale resource plays across the United States.


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