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Western Midstream Partners Subsidiary Prices $800 Million of 2034 Notes
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Western Midstream Partners Subsidiary Prices $800 Million of 2034 Notes
Aug 15, 2024 3:06 PM

05:33 PM EDT, 08/15/2024 (MT Newswires) -- Western Midstream Partners ( WES ) said late Thursday that its subsidiary has priced an $800 million offering of 5.45% senior notes due 2034 at 99.743% of their face value.

The company said it plans to use the proceeds to repay a portion of the unit's maturing 3.1% senior notes due 2025 and 3.950% senior notes due 2025, and for general partnership purposes. It expects to close the offering Aug. 20.

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