Crestwood Midstream Announces Extension of Exchange Offer for 5.75% Senior Notes due 2025
The exchange offer was originally set to expire at 12:00 midnight, New York City time, on July 19, 2017. As of this date, tenders of approximately $272.2 million aggregate principal amount, or 54.4%, of the old notes have been received pursuant to the exchange offer. Except for the extension of the expiration date, all of the other terms of the exchange offer remain as set forth in the exchange offer prospectus, dated June 19, 2017.
This press release is not an offer to exchange the new notes for the old notes or the solicitation of an offer to exchange, which we are making only through the exchange offer prospectus.
About Crestwood Midstream Partners LP
Houston, Texas, based CMLP is a limited partnership and wholly-owned subsidiary of CEQP that owns and operates midstream businesses in multiple unconventional shale resource plays across the United States. CMLP is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminalling, and marketing of NGLs; and gathering, storage, terminalling and marketing of crude oil.
ContactsCrestwood Midstream Partners LP
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Investor Contact
Josh Wannarka, (713) 380-3081
[email protected]
Vice President, Investor Relations
HOUSTON–(BUSINESS WIRE)–Crestwood Midstream Partners LP (“CMLP”), a wholly-owned
subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today
that it has extended the expiration date of its offer to exchange up to
$500,000,000 of new 5.75% Senior Notes due 2025 (the “new notes”)
that have been registered under the Securities Act of 1933, as amended,
for an equal amount of outstanding unregistered 5.75% Senior Notes due
2025 (the “old notes”). As a result of the extension, the
exchange offer is now scheduled to expire at 5:00 P.M., New York City
time, on July 21, 2017, unless further extended.
The exchange offer was originally set to expire at 12:00 midnight, New
York City time, on July 19, 2017. As of this date, tenders of
approximately $272.2 million aggregate principal amount, or 54.4%, of
the old notes have been received pursuant to the exchange offer. Except
for the extension of the expiration date, all of the other terms of the
exchange offer remain as set forth in the exchange offer prospectus,
dated June 19, 2017.
This press release is not an offer to exchange the new notes for the old
notes or the solicitation of an offer to exchange, which we are making
only through the exchange offer prospectus.
About Crestwood Midstream Partners LP
Houston, Texas, based CMLP is a limited partnership and wholly-owned
subsidiary of CEQP that owns and operates midstream businesses in
multiple unconventional shale resource plays across the United States.
CMLP is engaged in the gathering, processing, treating, compression,
storage and transportation of natural gas; storage, transportation,
terminalling, and marketing of NGLs; and gathering, storage,
terminalling and marketing of crude oil.
Contacts
Crestwood Midstream Partners LP
Investor Contact
Josh
Wannarka, (713) 380-3081
[email protected]
Vice
President, Investor Relations
