NGL Energy Partners LP
Description
NGL Energy Partners LP and its wholly owned subsidiary NGL Energy Finance Corp. today announced that they intend to offer, subject to market and other conditions, $450 million in aggregate principal amount of senior notes due 2026.
NGL expects to use the net proceeds from this offering to repay indebtedness under its revolving credit facility, which NGL may reborrow from time to time in the future for general partnership purposes.