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Colgate Energy Announces $300 Million Private Placement of 7.75% Senior Notes Due 2026
January 28, 2021 GMT
MIDLAND, Texas--(BUSINESS WIRE)--Jan 28, 2021--
Colgate Energy Partners III, LLC (the “Company” or “Colgate”) announced the closing of its private placement on January 27, 2021 to eligible purchasers of $300 million in aggregate principal amount of 7.75% senior notes due 2026 (the “Notes”).
The Notes were not registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes are eligible for trading by qualified institutional buyers under Rule 144A of the Securities Act and outside the United States pursuant to Regulation S of the Securities Act.