NGL Energy Partners LP to offer senior notes due 2023

NGL Energy Partners LP (NYSE:NGL) and its wholly owned subsidiary NGL Energy Finance Corp. intend to offer, subject to market and other conditions, $400 million in aggregate principal amount of senior notes due 2023. NGL expects to use the net proceeds of this offering to reduce borrowings under its senior secured revolving credit facility.

NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with five primary businesses: water solutions, crude oil logistics, NGL logistics, refined products/renewables and retail propane.

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