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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.
Learn more about SMLP stock on TipRanks’ Stock Analysis page.
