November 7, 2016 / 5:27 PM / a year ago

BRIEF-Veresen announces $350 million medium term note offering

Nov 7 (Reuters) - Veresen Inc :

* Veresen Inc says notes will have a fixed coupon rate of 3.43% per annum, payable semi-annually, and will mature on November 10, 2021

* Intends to use net proceeds from sale of notes to reduce outstanding indebtedness under its revolving credit facility

* Company expects to repay all of outstanding $300 million 3.95% senior unsecured medium term notes, Series 2, due March 14, 2017

* Veresen announces $350 million medium term note offering Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below