Access Midstream Partners LP (NYSE: ACMP) priced a public offering of $750 million of senior notes due 2024, the company said March 4.
The offer was upsized from $600 million, the company noted.
The notes’ yearly interest rate is 4.875%, the company said.
Proceeds will repay revolving credit borrowings, and also be used for general partnership purposes, Access Midstream said. These purposes include working capital, capex and acquisitions, the company added.
The offer is scheduled to close March 7, the company said.
Wells Fargo Securities LLC, Citigroup Inc. (NYSE: C), ...