Tallgrass Energy to pay down revolver borrowings with notes proceeds

By Sara Rosenberg

New York, Aug. 16 – Tallgrass Energy Partners LP plans to repay drawings under its existing revolving credit facility using proceeds from a $400 million senior unsecured notes offering, according to a market source.

Tallgrass is a Leawood, Kan.-based owner, operator, acquirer and developer of midstream energy assets.

© 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.