Genesis Energy, L.P. Announces Early Results and Initial Settlement Date for Tender Offer for Up to $575 Million Aggregate Principal Amount of Its 8.0% Senior Notes Due 2027
Genesis Energy, L.P. Common Units (GEL)
Last genesis energy, l.p. common units earnings: 2/19 06:10 am
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that receipt of tenders for an aggregate principal amount of $877,967,000 of our outstanding 8.0% senior notes due 2027 (the “Notes”) that we co-issued with our subsidiary, Genesis Energy Finance Corporation in connection with its previously announced cash tender offer (such transaction, the “Tender Offer”) to purchase up to $575 million aggregate principal amount outstanding of the Notes, as of 5:00 p.m., New York City time, on December 18, 2024 (the “Early Tender Deadline”), as well as the expected initial settlement date for the Tender Offer on December 20, 2024 (the “Initial Settlement Date”). As of December 18, 2024, $981,245,000 aggregate principal amount of the Notes were outstanding.Because the purchase of all validly tendered Notes would cause us to purchase a principal amount greater than the $575 million Tender Cap, the Tender O?er is oversubscribed. If we accept Notes in the Tender O?er, we will
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News
- Genesis Energy, L.P. Announces Early Results and Initial Settlement Date for Tender Offer for Up to $575 Million Aggregate Principal Amount of Its 8.0% Senior Notes Due 2027 [Yahoo! Finance]Yahoo! Finance
- Genesis Energy, L.P. to Participate in Wells Fargo’s 23rd Annual Midstream, Energy & Utilities SymposiumBusiness Wire
- Genesis Energy, L.P. Announces Increase to Previously Announced Tender Offer for its 8.0% Senior Notes due 2027Business Wire
- Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior NotesBusiness Wire
- Genesis Energy, L.P. Announces Tender Offer for up to $385 Million Aggregate Principal Amount of Its 8.0% Senior Notes Due 2027 [Yahoo! Finance]Yahoo! Finance
GEL
Sec Filings
- 12/19/24 - Form 8-K
- 12/17/24 - Form 8-K
- 12/11/24 - Form 8-K
- GEL's page on the SEC website