Holly Energy Partners LP

Description

Subsidiary Holly Energy Finance Corp., subject to market conditions, intends to offer senior notes due 2027 in a private placement. The notes will initially be guaranteed on a senior unsecured basis by the partnership’s existing wholly owned subsidiaries (other than Holly Energy Finance Corp., UNEV Pipeline LLC and certain immaterial subsidiaries). Net proceeds will be used to partially repay outstanding borrowings under its revolving credit agreement.

Click here to go back to the search page
Estimated Price
$400.0MM
Financing Type
Report Date