Archrock to repay some revolver borrowings with new note proceeds

By Sarah Lizee

Olympia, Wash., Dec. 16 – Archrock, Inc. plans to partially repay outstanding borrowings under its revolving credit facility using proceeds from a new offering of notes, according to a press release.

The company announced Monday that subsidiary Archrock Partners, LP plans to price $400 million of senior notes due 2028.

Proceeds from the notes will also be used for general corporate purposes.

Archrock Partners is a Houston-based energy infrastructure company.

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