USA Compression to pay down revolver with public offering proceeds

By Tali Rackner

Norfolk, Va., Dec. 14 – USA Compression Partners, LP plans to reduce the debt outstanding under its revolving credit facility with the proceeds from a public offering of 4.5 million common units, according to an 8-K filing with the Securities and Exchange Commission.

Proceeds will also be used for general partnership purposes.

USA Compression is an Austin, Texas-based provider of natural gas compression services.

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