Tallgrass to pay down revolver with proceeds from seven-year notes

By Sarah Lizee

Olympia, Wash., Feb. 18 – Tallgrass Energy Partners LP plans to pay down its senior secured revolving credit facility using proceeds from a downsized $430 million offering of seven-year notes to be issued by Tallgrass Energy Partners and Tallgrass Energy Finance Corp., according to a press release.

Tallgrass is a Leawood, Kan.-based midstream energy company.

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