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NuStar to repay term loan and some revolver debt with notes proceeds
By Sara Rosenberg
New York, Sept. 8 – NuStar Logistics LP intends to repay all amounts outstanding under its term loan and the related repayment premium, and a portion of its revolving credit facility borrowings using proceeds from a $1 billion notes offering, according to a market source.
NuStar is a San Antonio-based provider of storage and transportation for petroleum products.
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