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Archrock Unit Prices Upsized $700 Million Debt Offering
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Archrock Unit Prices Upsized $700 Million Debt Offering
Aug 12, 2024 2:42 PM

05:21 PM EDT, 08/12/2024 (MT Newswires) -- Archrock ( AROC ) said Monday its Archrock Partners unit has priced an upsized $700 million private offering of 6.625% senior notes due 2032 at par.

Archrock Partners and its co-issuer of the notes, Archrock Partners Finance, increased the size from $500 million and expect the offering to close on Aug. 26.

Archrock ( AROC ) also said that concurrent with the notes' pricing, the issuers have launched a tender offer to purchase for cash up to $200 million of their 6.875% senior unsecured notes due 2027.

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