USA Compression Partners is moving forward with a $750 million senior notes offering, signaling strong confidence in its financial position. This strategic move will allow the Partnership to refinance existing debt and optimize its capital structure, which is crucial for sustaining 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