Archrock Inc.

Description

Archrock, Inc. announced that Archrock Partners LP, a wholly-owned subsidiary of Archrock, intends to redeem all $350 million aggregate principal amount of its outstanding 6% senior notes due 2021. The redemption is conditioned upon the consummation of Archrock Partners’ previously announced offer and sale of $500 million aggregate principal amount of senior notes due 2027, which is expected to close on March 21, 2019, subject to the satisfaction of customary closing conditions.

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Companies
Estimated Price
$350.0MM
Financing Type
Report Date