financetom
Business
financetom
/
Business
/
EnLink Midstream to Redeem Series C Preferred Units
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EnLink Midstream to Redeem Series C Preferred Units
Sep 21, 2024 9:22 PM

04:21 AM EDT, 09/18/2024 (MT Newswires) -- EnLink Midstream ( ENLC ) said late Tuesday its subsidiary, EnLink Midstream Partners would redeem all of its 6% series C preferred units on Sept. 17.

The redemption price is set at $1,008.28 per unit, including unpaid accumulated and distributions.

The company said it plans to fund the redemption using its revolving credit facility.

Price: 14.73, Change: +0.07, Percent Change: +0.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cucinelli bucks gloomy industry trend with revenue rise
Cucinelli bucks gloomy industry trend with revenue rise
Oct 17, 2024
MILAN (Reuters) - Revenues at Brunello Cucinelli rose 12.7% at constant exchange rates in the first nine months of the year, driven by double digit growth in the Americas and in Asia, the Italian luxury group said on Thursday. As global demand for luxury goods slows, the Italian group keeps growing, helped by its focus on higher-end consumers and by...
US FTC probing Deere in antitrust, consumer protection inquiry, filing shows
US FTC probing Deere in antitrust, consumer protection inquiry, filing shows
Oct 17, 2024
(Reuters) - The U.S. Federal Trade Commission is probing farm equipment maker Deere in an antitrust and consumer protection inquiry related to the company's repair policies, according to a filing made public on Thursday. The agency is investigating whether Deere engaged in anticompetitive behavior in its equipment repair, the filing with the FTC showed. ...
SoFi Techs Unusual Options Activity
SoFi Techs Unusual Options Activity
Oct 17, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on SoFi Techs. Looking at options history for SoFi Techs we detected 19 trades. If we consider the specifics of each trade, it is accurate to state that 15% of the investors opened trades with bullish expectations and 84% with bearish. From the overall spotted trades,...
Billionaire hedge fund manager Loeb shifts portfolio, eyes possible Republican U.S. election wins
Billionaire hedge fund manager Loeb shifts portfolio, eyes possible Republican U.S. election wins
Oct 17, 2024
NEW YORK (Reuters) - Billionaire investor Daniel Loeb adjusted his portfolio to capture a potential boom in corporate activity after the Nov. 5 U.S. election where he expects the Republican Party will chalk up wins. Loeb believes the Republican presidential candidate, Donald Trump, is more likely to win the White House and that his party's policies could help boost financial...
Copyright 2023-2026 - www.financetom.com All Rights Reserved