Summit Midstream Partners sets terms for cash tender offer of its subsidiaries

seekingalpha2024-07-24

Summit Midstream Partners (NYSE:SMLP) priced terms of the previously announced cash tender offer by its subsidiaries - Summit Midstream Holdings and Summit Midstream Finance Corp, to purchase any and ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSummit Midstream Partners sets terms for cash tender offer of its subsidiaries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-24 15:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4127283-summit-midstream-partners-sets-terms-for-cash-tender-offer-of-its-subsidiaries><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summit Midstream Partners (NYSE:SMLP) priced terms of the previously announced cash tender offer by its subsidiaries - Summit Midstream Holdings and Summit Midstream Finance Corp, to purchase any and ...</p>\n\n<a href=\"https://seekingalpha.com/news/4127283-summit-midstream-partners-sets-terms-for-cash-tender-offer-of-its-subsidiaries\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4563","symbol_name":"昨日强势股","start_time":0,"source_url":"https://seekingalpha.com/news/4127283-summit-midstream-partners-sets-terms-for-cash-tender-offer-of-its-subsidiaries","article_id":"2453248960","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2453248960","pubTimestamp":1721806943,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Summit Midstream Partners  priced terms of the previously announced cash tender offer by its subsidiaries - Summit Midstream Holdings and Summit Midstream Finance Corp, to purchase any and all of their outstanding 8.500% senior secured second lien notes due 2026 from holders.  The tender offer expired on July 23, 2024.  As of the expiration time, ~$650M or 85.00% of the ~$764M notes had been validly tendered and not validly withdrawn in the tender offer.  The consideration to be paid under the tender offer will be $1,029.64 per $1,000 principal amount of notes.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4563":"昨日强势股","BK4144":"石油与天然气的储存和运输","BK4590":"PTP","BK4211":"区域性银行","SMMF":"Summit Financial Group"},"translate_title":"Summit Midstream Partners为其子公司的现金要约收购设定条款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMLP":1,"SMMF":1},"content_text":"Summit Midstream Partners (NYSE:SMLP) priced terms of the previously announced cash tender offer by its subsidiaries - Summit Midstream Holdings and Summit Midstream Finance Corp, to purchase any and all of their outstanding 8.500% senior secured second lien notes due 2026 from holders.  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