News
Paul Hastings Advises NuStar Logistics, L.P. in $300 Million Senior Notes Offering
Houston, TX-- Paul Hastings LLP, a leading global law firm, announced today that the firm represented NuStar Logistics, L.P., a wholly owned operating subsidiary of NuStar Energy L.P. (NYSE: NS), in connection with its public offering of $300 million 6.75% senior notes due February 1, 2021, which closed on August 19, 2013.
The senior notes were priced at 100% of par. NuStar intends to use the approximately $296.3 million or net proceeds from this offering for general partnership purposes, including the repayment of a portion of the outstanding borrowings under NuStar Logistics’ revolving credit facility.
NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation and has operations in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, the United Kingdom and Turkey.
Energy partner
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