NGL Energy Partners LP

Description

Entered into a new term loan facility with certain funds and accounts managed by affiliates of Apollo Global Management Inc. to refinance an existing $250 million bridge term loan facility established in 2019 with TD Securities (USA) LLC as lead arranger and bookrunner and The Toronto-Dominion Bank, New York Branch as initial lender to finance a portion of the acquisition of Mesquite Disposals Unlimited LLC. TD Securities was debt adviser, and Paul Hastings LLP provided legal counsel to NGL. Vinson & Elkins LLP was legal counsel to Apollo Funds.

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Estimated Price
$250.0MM
Financing Type
Report Date