Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Summit Midstream (SMLP) has provided an update.
Summit Midstream Partners, LP has announced a cash tender offer by its subsidiaries to buy back $215 million of their 8.5% Senior Secured Second Lien Notes due 2026. The offer, priced at the full principal amount plus accrued interest, is set to close on June 5, 2024, unless altered or prematurely terminated. This move could be of interest to investors monitoring company debt strategies and the impacts on stock valuation.
Learn more about SMLP stock on TipRanks’ Stock Analysis page.
