E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers D > Headlines for DCP Midstream LLC > News item
Published on 3/11/2013 in the Prospect News Investment Grade Daily.

DCP Midstream Operating pricing $500 million 10-year notes Monday

By Andrea Heisinger

New York, March 11 - DCP Midstream Operating, LP is in the market Monday with a $500 million offering of 10-year senior notes (Baa3/BBB-/BBB-), according to a market source and a filing with the Securities and Exchange Commission.

The notes are guaranteed by DCP Midstream Partners, LP.

Bookrunners are RBC Capital Markets LLC, RBS Securities Inc. and SunTrust Robinson Humphrey Inc.

Proceeds will be used to fund a cash portion of the purchase price of the Eagle Ford transaction and related expenses.

The unit of DCP Midstream LLC is a Denver-based joint venture between Spectra Energy and ConocoPhillips.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.