ROHSTOFF INTERNATIONAL

23:24 | 14.06.2018
Blue Racer Midstream, LLC Announces Pricing of $300 Million Offering of Senior Notes

Blue Racer Midstream, LLC (“Blue Racer”) and its wholly owned subsidiary
Blue Racer Finance Corp. today announced the pricing of its previously
announced offering of $300 million in aggregate principal amount of
senior notes due 2026 (the “senior notes”). The senior notes, which
priced at par, will mature on July 15, 2026 and will pay an annual
interest rate of 6.625%.

The offering is expected to close on June 18, 2018, subject to customary
closing conditions. Blue Racer intends to use the net proceeds from the
offering to repay borrowings outstanding under its revolving credit
facility and for general corporate purposes.

The senior notes have not been registered under the Securities Act of
1933, as amended (the “Securities Act”), or any state securities laws,
and unless so registered, may not be offered or sold in the United
States except pursuant to an exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act and
applicable state securities laws. The senior notes are expected to be
eligible for trading by qualified institutional buyers in reliance on
Rule 144A under the Securities Act and non-US persons in reliance on
Regulation S under the Securities Act. This announcement shall not
constitute an offer to sell or a solicitation of an offer to buy any of
the senior notes, except as required by law.
Forward-Looking Statements
This press release may include “forward-looking statements.” All
statements, other than statements of historical fact, included in this
press release that address activities, events or developments that Blue
Racer expects, believes or anticipates will or may occur in the future
are forward-looking statements. These statements are based on certain
assumptions made by Blue Racer based on its experience and perception of
historical trends, current conditions, expected future developments and
other factors it believes are appropriate. You are cautioned not to
place undue reliance on these forward-looking statements, which speak
only as of the date of this press release. All forward-looking
statements are qualified in their entirety by this cautionary statement.
Blue Racer undertakes no obligation and does not intend to update these
forward-looking statements to reflect events or circumstances occurring
after the issuance of this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180614006274/en/


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