EQT Midstream to repay credit facility debt via new note offering

By Tali Rackner

Norfolk, Va., Nov. 1 – EQT Midstream Partners, LP plans to repay amounts outstanding under its credit facility with the proceeds from a new senior note offering, according to a 424B3 filing with the Securities and Exchange Commission.

As of Thursday, borrowings outstanding under the facility were $375 million.

The current debt under the facility was incurred for general partnership purposes and to fund the consideration for an acquisition.

EQT is an energy company based in Pittsburg.

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