Equitrans Midstream to repay credit facility via new notes

By Marisa Wong

Los Angeles, Feb. 21 – Equitrans Midstream Corp.’s wholly owned subsidiary, EQM Midstream Partners, LP, plans to repay some of its outstanding debt, including borrowings under its third amended and restated credit agreement date Oct. 31, 2018, using proceeds from an offering of new notes.

The company announced a $600 million offering of senior notes due 2029, proceeds of which will also be used for general partnership purposes, according to a Wednesday press release.

The natural gas transmission company is based in Canonsburg, Pa.

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