Summit Midstream (SMLP) has issued an update.
Summit Midstream Partners, LP announced the conclusion of their cash tender offer to repurchase $215 million worth of 8.500% Senior Secured Second Lien Notes due 2026 at full price plus accrued interest. By the offer’s expiration, only 0.90% of the notes were tendered, all of which were accepted for payment by the subsidiaries involved. Payment for these notes is set to be made on June 6, 2024.
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