Salt Creek Midstream LLC

Description

Announced the successful close of a four-year, $650 million term loan through Deutsche Bank. The proceeds will fund the continuing development and expansion of Salt Creek’s business in the Delaware Basin, specifically, the completion of a second 200 Mmcf/d cryo processing plant and gas pipelines; crude gathering and terminalling infrastructure growth; and expansion of Salt Creek’s water gathering and disposal business.

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Estimated Price
$650.0MM
Financing Type
Report Date