Tallgrass Energy Partners Announces Expiration and Results of Its Tender Offer for Its 4.75% Senior Notes Due 2023 - Press Release
67.10% TEP expects to accept for purchase all Notes validly tendered and not validly withdrawn as of the Expiration Time and expects to make payment for any such Notes later today. The settlement date for Notes tendered pursuant to guaranteed delivery procedures is expected to be December 24, 2020. TEP will use a portion of the proceeds from the issuance of $750 million aggregate principal amount of the Issuers’ 6.00% Senior Notes due 2030 (the “New Notes”), which is expected to close today, for the payment of all Notes to be purchased in the Tender Offer. TEP’s obligation to accept a...
Source: digitaljournal.com