SAN ANTONIO, August 05, 2025–(BUSINESS WIRE)–Howard Midstream Energy Partners, LLC (the “Company”) today announced that it is commencing an offering (the “Offering”) of $600 million of senior notes due 2034 (the “2034 Notes”). The 2034 Notes will be issued in a private offering exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).
The Company intends to use the net proceeds from the Offering to (i) fund the redemption of all of the $550.0 million aggregate principal amount of its outstanding 8.875% Senior Notes due 2028 issued on July 6, 2023 (the “2028 Notes”) in accordance with the indenture governing the 2028 Notes, (ii) fund the repayment of a portion of outstanding borrowings under the Company’s revolving credit facility and (iii) pay the premiums, fees and expenses incurred in connection with the Offering and the redemption of the 2028 Notes. Any excess proceeds will be used for general corporate purposes. Nothing in this press release constitutes a notice of redemption to the holders of the 2028 Notes.
The 2034 Notes and the related guarantees will be offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in compliance with Regulation S, each under the Securities Act. The 2034 Notes and the guarantees have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.
RBC Capital Markets, CIBC Capital Markets, MUFG and TD Securities are acting as joint active bookrunners for the Offering.
This press release shall not constitute an offer to purchase or the solicitation of an offer to sell the 2034 Notes or any other securities, nor shall there be any offer or sale of any 2034 Notes or other securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction.
ABOUT HOWARD ENERGY PARTNERS
Headquartered in San Antonio, Texas, Howard Energy Partners is one of the nation’s largest private energy infrastructure companies, owning and operating a unique portfolio of assets in Texas, New Mexico, Pennsylvania, Oklahoma, and Mexico. Our diversified midstream platform spans the natural gas and liquids value chain and is strategically positioned to meet the world’s increasing demand for energy.
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