Prairie Acquiror intends to use the notes offering to refinance outstanding debt under its existing term loan credit facility. (Source: Shutterstock)
Prairie Acquiror LP, which owns 100% interest in infrastructure company Tallgrass Energy Partners LP directly or indirectly, announced Feb. 20 that it intends to offer $400 million aggregate principal amount of senior secured notes due 2029.
Prairie plans on using net proceeds from the notes offering and the amended and restated term loan credit facility to refinance all or a portion of the indebtedness outstanding under its existing term loan credit facility.
Recommended Reading
Diamondback Energy Closes $4.1B Double Eagle IV Acquisition
2025-04-02 - Diamondback Energy Inc. closed on its approximately $4.1 billion deal to buy EnCap Investments’ Double Eagle IV, adding approximately 40,000 net acres in the Midland Basin to its portfolio.
SM Energy Marries Wildcatting and Analytics in the Oil Patch
2025-04-01 - As E&P SM Energy explores in Texas and Utah, Herb Vogel’s approach is far from a Hail Mary.
Waterous Raises $1B PE Fund for Canadian Oil, Gas Investments
2025-04-01 - Waterous Energy Fund (WEF) raised US$1 billion for its third fund and backed oil sands producer Greenfire Resources.
Williams Commissions Two NatGas Projects to Expand Transco Network
2025-04-01 - Midstream company Williams Cos. added to its network capacity in the southern U.S. with the commissioning of the Southeast Energy Connector and the Texas to Louisiana Energy Pathway.
CenterPoint Energy Completes NatGas Pipeline Sale to Bernhard
2025-04-01 - CenterPoint Energy Inc. has closed on a sale of natural gas distribution utilities in Louisiana and Mississippi to Bernhard Capital Partners.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.