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NGL Energy to reduce senior secured revolver debt via note offering
By Tali Rackner
Norfolk, Va., Oct. 17 – NGL Energy Partners LP plans to reduce borrowings under its senior secured revolving credit facility with the net proceeds from a $400 million senior note offering, according to a press release.
NGL Energy Finance Corp. will co-issue the notes, which are due in 2023.
NGL Energy is a Tulsa, Okla.-based diversified master limited partnership.
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