USA Compression Partners is moving forward with a $750 million senior note offering, a strategic move to strengthen its financial position. This initiative underscores the company’s commitment to optimizing its capital structure while positioning itself for future growth in a competitive market.
DALLAS–(BUSINESS WIRE)–USA Compression Partners, LP (NYSE: USAC) (the “Partnership”) today announced that, subject to market and other conditions, it intends to offer, with its wholly-owned subsidiary, USA Compression Finance Corp., $750.0 million in aggregate principal amount of senior unsecured notes due 2033 in a private placement to eligible purchasers. The Partnership intends to use the net proceeds from the offering, together with borrowings under its credit agreement, for the redemptio
Source: Original Press Release