Hess Midstream Partners LP
Description
Hess Midstream Partners LP closed its offering of $550 million aggregate principal amount of 5.125% senior notes due 2028 (the “Notes”) at par. HESM intends to use the net proceeds from the offering to finance the acquisition of Hess Infrastructure Partners LP (“HIP”), including to repay borrowings under HIP’s credit facilities, partially fund the distribution to HIP’s sponsors, and pay related fees and expenses.