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Summit Midstream subsidiary to draw on revolver to fund Red Rock buy
By Tali Rackner
Norfolk, Va., March 10 - Summit Midstream Partners, LP subsidiary Grand River Gathering, LLC plans to draw roughly $110 million from Summit's revolving credit facility to fund its purchase of all equity interests in Red Rock Gathering Co., LLC, according to a press release.
Dallas-based Summit owns and operates midstream energy infrastructure assets.
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