Oklahoma City-based Enable Midstream Partners, LP announced this week it has priced an offering of $800 million in senior notes.
The offering of the 4.950% senior notes due 2028 will be at a price to the public of 99.197% of their face value. And the offering will close May 20, 2018.
The Partnership intends to use the net proceeds from the offering for general partnership purposes, including to repay all amounts outstanding under its 2015 term loan agreement, as well as amounts outstanding under its commercial paper program.
BofA Merrill Lynch, Mizuho Securities and Wells Fargo Securities are acting as joint book-running managers for the offering.
