NuStar slashes 2020 capex 45%, secures $750M term loan [Seeking Alpha]
Nustar Energy L.P. Common Units (NS)
Last nustar energy l.p. common units earnings: 2/5 06:45 am
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US:NYSE Investor Relations:
investor.nustarenergy.com/phoenix.zhtml?c=123440&p=irol-irhome_pf
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Source: Seeking Alpha
NuStar Energy (NYSE:NScut planned 2020 capital spendingThe company also says it identified $20M-$30M of controllable expense reductions for the fullyear.NuStar entered into a $750M unsecured term loan agreement with funds managed by Oaktree Capital Management.The three-year, 12% facility provides that NuStar will draw $500M at closing and may elect to draw additional $250M during the first year.-5.4%
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