EnLink merger triggers change-of-control offer under 8 7/8% notes

By Susanna Moon

Chicago, March 11 - EnLink Midstream Partners, LP may repurchase its 8 7/8% senior unsecured notes due 2018 under a mandatory offer that occurred after a change of control, according to an 8-K filing with the Securities and Exchange Commission.

The repurchase offer was trigger by the completion of the merger among EnLink Midstream, Crosstex Energy, Inc., Devon Energy Corp., Acacia Natural Gas Corp I, Inc., formerly a wholly owned subsidiary of Devon.

EnLink Midstream Partners, formerly known as Crosstex Energy, LP, is a midstream natural gas company based in Dallas.

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