Friday, December 27, 2024
Colorado Midstream

Summit Midstream Extends $1.25 Billion Credit Facility to 2022

Summit Midstream Partners, LP (ticker:  SMLP) said its subsidiary Summit Midstream Holdings, LLC has executed an amendment and extension of its $1.25 billion revolving credit facility. The maturity date of the revolving credit facility was extended by approximately 3.5 years, from November 2018 to May 2022.  The facility includes a $250.0 million accordion, and has the same pricing and a

Oil prices fall on fading storm impact, Chinese economic data - Oil&Gas360

Kinder Morgan Canadian IPO Grosses CAD $1.75 Billion

Kinder Morgan Canada Limited (ticker: KML) and Kinder Morgan, Inc. (ticker: KMI) completed an IPO of 102,942,000 restricted voting shares of KML at a price to the public of $17.00 per share for total gross proceeds of approximately C$1.75 billion. The company said the proceeds of the offering will be used to indirectly acquire from Kinder Morgan an approximate 30%