NGL Energy Partners Obtains $2.55 Billion Financing
Houston and New York – Paul Hastings LLP, a leading global law firm, announced today that it has advised NGL Energy Partners, LP in connection with its entry into a new $500 million ABL credit facility and an offering of $2.05 billion of senior secured notes maturing in 2026.
NGL used the net proceeds of the refinancing to repay all outstanding borrowings under its existing revolving credit facility and its $250 million term credit agreement.
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