This Famous Billionaire Investor Likes This Relatively Unknown Ultra-High-Yield Dividend Stock
Bill Gross likes Western Midstream Partners.
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Bill Gross likes Western Midstream Partners.
Operator: Good afternoon. My name is Shiloh [ph] and I'll be your conference operator today.
EXPECTS TO RECOMMEND A 52-PERCENT BASE DISTRIBUTION INCREASE Subsequent to quarter-end, entered into a series of agreements to sell WES's equity interests in...
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HOUSTON, September 27, 2023--Today, Western Midstream Partners, LP (NYSE: WES) ("WES") announced that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $600 million in aggregate principal amount of 6.350% senior notes due 2029 at a price to the public of 99.786% of their face value. The offering of the senior notes is expected to close on September 29, 2023, subject to the satisfaction of customary closing conditions. Net proceeds from the offering are