Crosstex Energy LP (Nasdaq: XTEX) and its wholly-owned subsidiary, Crosstex Energy Finance Corp., are offering to exchange US $250 million of their outstanding 7.125% senior notes due 2022, which were privately placed on May 24, 2012, for a like principal amount of 7.125% senior notes due 2022 .
The exchange notes are being offered pursuant to a registration rights agreement previously entered into in connection with the issuance of the outstanding notes. The exchange offer will expire April 9.
Wells Fargo Bank N.A. is the exchange agent.
Crosstex Energy LP operates as an independent midstream energy company. Through its subsidiary, Crosstex Energy Services LP, the company engages in gathering, transmission, processing, and marketing natural gas, NGLs, and crude oil primarily in the north Louisiana, North Texas, and Ohio River Valley. The company is headquartered in Dallas.
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