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Enviva Partners to repay revolver borrowings via new notes
By Marisa Wong
Los Angeles, Nov. 15 – Enviva Partners, LP said it intends to repay borrowings under its senior secured revolving credit facility using proceeds from an offering of new notes.
The company announced on Friday plans to issue $450 million of senior notes due 2026.
Proceeds from the new notes will also be used to repay the company’s existing $355 million senior notes due 2021.
The Bethesda, Md.-based master limited partnership manufactures wood pellets.
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