BreitBurn Energy Partners LP - 2010-10-04

Description

Priced its private offering to eligible purchasers of $305 million principal amount of 8.625% senior notes due 2020 at an offering price equal to 98.358% of par. The offering was upsized from $250 million to $305 million. The partnership intends to use net proceeds of approximately $291.4 million to reduce borrowings under its bank credit facility. The offering is expected to close Oct. 6.

Click here to go back to the search page
Estimated Price
$305.0MM
Financing Type
Report Date