Blue Racer Midstream LLC
Description
Priced an offering of $300 million in aggregate principal amount of senior notes due 2026. The senior notes, which priced at par, will mature on July 15, 2026 and will pay an annual interest rate of 6.625%. Blue Racer intends to use the net proceeds from the offering to repay borrowings outstanding under its revolving credit facility and for general corporate purposes.