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Exterran Energy to repay term loan, revolver debt via note offering
By Tali Rackner
Norfolk, Va., March 27 – Exterran Energy Solutions, LP plans to repay all of the borrowings outstanding under its term loan facility and a portion of the borrowings outstanding under its revolving credit facility using the proceeds from a new note offering, according to a press release.
Exterran Energy and EES Finance Corp. proposed an offering of $300 million senior unsecured notes due 2025, to be guaranteed by Exterran Corp. Both issuers are wholly owned subsidiaries of Exterran.
Houston-based Exterran provides services to the natural gas industry.
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