HOUSTON, September 27, 2023 Today, Western Midstream Partners, LP (NYSE: WES) ("WES") announced that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $600 million in aggregate principal amount of 6.350% senior notes due 2029 at a price to the public of 99.786% of their face value. The offering of the senior notes is expected to close on September 29, 2023, subject to the satisfaction of customary closing conditions. Net proceeds from the offering are
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Today, Western Midstream Partners, LP announced that its subsidiary, Western Midstream Operating, LP , has priced an offering of $600 million in aggregate principal amount of 6.350% senior notes.
Western Midstream said it would purchase Meritage Midstream’s Powder River Basin assets, including gas gathering and an NGL pipeline, for $885 million cash.