DCP Midstream LP


DCP Midstream LP announced today that its wholly owned subsidiary, DCP Midstream Operating, LP, priced an upsized offering of $600 million aggregate principal amount of its 5.125% senior notes due 2029 at a price to the public of 100% of their face value. The senior notes will be fully and unconditionally guaranteed by the partnership. The offering is expected to close on May 10, 2019, subject to the satisfaction of customary closing conditions.

The operating partnership intends to use the net proceeds from this offering for general partnership purposes, including the repayment of indebtedness under its revolving credit facility and the funding of capital expenditures.

Click here to go back to the search page
Estimated Price
Financing Type
Report Date