Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

EV Energy Partners Intends $100 Mln Add-On Offering Of Senior Unsecured Notes

RELATED NEWS
Trade EVEP now with 

EV Energy Partners LP (EVEP: Quote), along with its subsidiary EV Energy Finance Corp, Thursday announced that they intend to publicly offer an additional $100 million in aggregate principal amount of their 8.0% senior notes due 2019

The Partnership firm stated that the $300 million of 8.0% senior notes due 2019 and the Additional Notes of $100 million will be treated as a single class of securities under the Indenture.

The Partnership intends to use the net proceeds from the offering to repay indebtedness under its existing senior secured revolving credit facility.

Following the news, the share price is up 1% in the bourse.

Click here to receive FREE breaking news email alerts for EV Energy Partners L.P. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After moving modestly higher in morning trading, stocks showed a substantial move to the downside over the course of the trading day on Wednesday. The major averages pulled back well off their highs for the session, sliding firmly into negative territory. Ebola "czar" Ron Kain is scheduled to meet with President Barack Obama on Wednesday as he begins his efforts to coordinate the government's response to the deadly disease. Klain, who previously served as chief of staff to Vice President Joe Biden and then-Vice President Al Gore, was named as Ebola Response Coordinator last Friday. Potentially complicating the outlook for control of the Senate, the results of a SurveyUSA poll conducted for WXIA-TV in Atlanta suggest that the Georgia Senate race between Republican David Perdue and Democrat Michelle Nunn could be headed for a runoff.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.