Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior Notes
Genesis Energy, L.P. Common Units (GEL)
Last genesis energy, l.p. common units earnings: 2/19 06:10 am
Check Earnings Report
US:NYSE Investor Relations:
genesisenergy.com/investors
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $600,000,000 in aggregate principal amount of 8.000% senior notes due 2033 (the “notes”). The offering of the notes was upsized from the previously announced $400,000,000 in aggregate principal amount of the notes. The price to investors will be 100% of the principal amount of the notes. The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and initially will be guaranteed by all of our subsidiaries, other than our unrestricted subsidiaries. We intend to use the net proceeds from this offering (i) to purchase or redeem up to $575 million aggregate principal amount of our outstanding 8.0% senior notes due 2027 (or such lesser aggregate principal amount of such notes that could be acquired with the net cash proceeds of this offering) and (ii) for general partnership purposes, including repaying a portion of the revolving borrowings outstan
Show less
Read more
Impact Snapshot
Event Time:
GEL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GEL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GEL alerts
High impacting Genesis Energy, L.P. Common Units news events
Weekly update
A roundup of the hottest topics
GEL
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. 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 2027Business Wire
- 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. 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