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Articles from Hess Midstream Operations LP

Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2028
Hess Midstream Operations LP (the “Issuer”), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (“HESM” and, together with the Issuer, “Hess Midstream”), today announced that it has priced $800 million aggregate principal amount of 5.875% senior unsecured notes due 2028 (the “Notes”) at par in a private offering. Hess Midstream intends to use the net proceeds from the offering, along with borrowings under its revolving credit facility, to redeem its outstanding 5.625% senior notes due 2026. Hess Midstream delivered a notice of redemption in respect of its 5.625% senior notes due 2026 on February 3, 2025. The private offering of the Notes is expected to close on February 12, 2025, subject to the satisfaction of customary closing conditions.
By Hess Midstream Operations LP · Via Business Wire · February 3, 2025
Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2028
Hess Midstream Operations LP (the “Issuer”), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (“HESM” and, together with the Issuer, “Hess Midstream”), today announced that it intends to offer $800 million aggregate principal amount of senior unsecured notes due 2028 (the “Notes”) in a private offering.
By Hess Midstream Operations LP · Via Business Wire · February 3, 2025
Hess Midstream Operations LP Announces Pricing of Upsized Private Offering of Senior Notes Due 2029
Hess Midstream Operations LP (the “Issuer”), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (“HESM” and, together with the Issuer, “Hess Midstream”), today announced that it has priced $600 million aggregate principal amount of 6.500% senior unsecured notes due 2029 (the “Notes”) at par in a private offering. The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million. Hess Midstream intends to use the net proceeds from the offering to reduce indebtedness outstanding under its revolving credit facility and any remaining net proceeds for general corporate purposes. The private offering of the Notes is expected to close on May 16, 2024, subject to the satisfaction of customary closing conditions.
Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2030
Hess Midstream Operations LP (the “Issuer”), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (“HESM” and, together with the Issuer, “Hess Midstream”), today announced that it has priced $400 million in aggregate principal amount of 5.500% senior unsecured notes due 2030 (the “Notes”) at par in a private offering. Hess Midstream intends to use the net proceeds from the offering to repay the borrowings under its revolving credit facility used to finance the previously announced repurchase by the Issuer of 13,559,322 Class B units from affiliates of Hess Corporation and Global Infrastructure Partners. The private offering of the Notes is expected to close on April 8, 2022, subject to the satisfaction of customary closing conditions.
By Hess Midstream Operations LP · Via Business Wire · April 5, 2022
Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2030
Hess Midstream Operations LP (the “Issuer”), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (“HESM” and, together with the Issuer, “Hess Midstream”), today announced that it intends to offer $400 million in aggregate principal amount of senior unsecured notes due 2030 (the “Notes”) in a private offering.
By Hess Midstream Operations LP · Via Business Wire · April 5, 2022
Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2030
Hess Midstream Operations LP (the “Issuer”), a consolidated subsidiary of Hess Midstream LP (NYSE: HESM) (“HESM” and, together with the Issuer, “Hess Midstream”), today announced that it has priced $750 million in aggregate principal amount of 4.250% senior unsecured notes due 2030 (the “Notes”) at par in a private offering. Hess Midstream intends to use the net proceeds from the offering to finance the previously announced repurchase by the Issuer of approximately 31 million Class B units from affiliates of Hess Corporation and Global Infrastructure Partners. The private offering of the Notes is expected to close on August 5, 2021, subject to the satisfaction of customary closing conditions.
By Hess Midstream Operations LP · Via Business Wire · August 2, 2021