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Published on 6/28/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Crestwood, CEQP to redeem all $564,000 6 7/8% senior notes due 2021

By Tali Rackner

Norfolk, Va., June 28 – Crestwood Equity Partners LP and CEQP Finance Corp. plan to redeem all $564,000 of their 6 7/8% senior notes due Aug. 1, 2021, according to a notice.

The notes will be redeemed at 103.438 plus accrued interest on Aug. 1.

The notes were originally issued by Inergy Finance Corp. but Crestwood has now acquired Inergy.

U.S. Bank NA is the trustee or agent.

Crestwood is a Houston-based company focused on natural gas storage.


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