Genesis Energy prices public offering of senior notes

Genesis Energy LP (NYSE:GEL) has priced a public offering of $550,000,000 in aggregate principal amount of 6.50% senior unsecured notes due 2025.

The price to investors will be 100% of the principal amount of the notes. The notes will be co-issued with our subsidiary, Genesis Energy Finance Corp., and will be guaranteed, with certain exceptions, by substantially all of its existing and future subsidiaries. Net proceeds from the offering are expected to fund a portion of the purchase price for the company’s pending acquisition of the trona and trona-based exploring, mining, processing, producing, marketing and selling business of Tronox Limited and its affiliates. The offering of the notes is expected to settle and close on August 14, 2017, subject to customary closing conditions.

Wells Fargo Securities, LLC, BMO Capital Markets Corp., Deutsche Bank Securities Inc., SMBC Nikko Securities America, Inc., ABN AMRO Securities (USA) LLC, BNP Paribas Securities Corp., BofA Merrill Lynch, Capital One Securities, Inc., Citigroup, RBC Capital Markets, LLC, Scotia Capital (USA) Inc. and DNB Markets, Inc. are acting as joint book-running managers for the offering.



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