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Hess Midstream Unit Prices $800 Million Private Debt Offering
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Hess Midstream Unit Prices $800 Million Private Debt Offering
Feb 3, 2025 2:20 PM

04:45 PM EST, 02/03/2025 (MT Newswires) -- Hess Midstream ( HESM ) unit Hess Midstream Operations said Monday it priced $800 million of 5.875% senior unsecured notes due 2028 at par in a private offering.

The company said it will use proceeds from the offering, along with a revolving credit facility, to redeem its 5.625% senior notes due 2026.

The private offering of the notes is expected to close on Feb. 12, the company said.

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