HubsBaker Botts Represents Tallgrass Energy Partners in $500 Million Senior Notes Offering
Release
Deal Description: On September 12, 2017, Tallgrass Energy Partners, LP (NYSE: TEP) (“TEP”) announced that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced an offering of $500 million in aggregate principal amount of 5.50% senior unsecured notes due 2028 at an offering price equal to 100% of par (“the Notes Offering”).
The Notes Offering closed on Friday, September 15, 2017. TEP intends to use the net proceeds of the offering to repay outstanding borrowings under its existing senior secured revolving credit facility.
Baker Botts L.L.P. represented TEP in the public offering.
Baker Botts Lawyers/Office Involved:
Corporate: Mollie Duckworth (Partner, Austin); Dan Tristan (Partner, Houston); Courtney Fore (Senior Associate, Austin); David Nimmons (Associate, Houston); and Allison Lancaster (Associate, Austin)
The Notes Offering closed on Friday, September 15, 2017. TEP intends to use the net proceeds of the offering to repay outstanding borrowings under its existing senior secured revolving credit facility.
Baker Botts L.L.P. represented TEP in the public offering.
Baker Botts Lawyers/Office Involved:
Corporate: Mollie Duckworth (Partner, Austin); Dan Tristan (Partner, Houston); Courtney Fore (Senior Associate, Austin); David Nimmons (Associate, Houston); and Allison Lancaster (Associate, Austin)
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