Hess Midstream Partners LP
Hess Midstream Partners LP has upsized and priced $550 million in aggregate principal amount of 5.125% senior notes due 2028 at par in a private offering. Hess intends to use the net proceeds from the offering to finance the acquisition of Hess Infrastructure Partners LP, including to repay borrowings under HIP’s credit facilities, partially fund the distribution to HIP’s sponsors, and pay related fees and expenses. The private offering of the notes is expected to close on December 10, 2019, subject to the satisfaction of customary closing conditions.