Tallgrass Energy to repay revolver borrowings with new note offering

By Sarah Lizee

Olympia, Wash., Sept. 12 – Tallgrass Energy Partners, LP plans to repay borrowings under its existing senior secured revolving credit facility using the proceeds of an offering of notes.

Tallgrass Energy and subsidiary Tallgrass Energy Finance Corp. plan to price $500 million of senior notes due 2028, according to a company announcement.

Tallgrass Energy is a midstream energy operator based in Leawood, Kan.

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