Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Inergy LP > News item |
Inergy to draw on revolver for Arlington Storage purchase
By Sara Rosenberg
New York, Sept. 5 - Inergy LP plans to use borrowings under its revolving credit facility to fund the acquisition of Arlington Storage Co. LLC, according to a company news release.
The acquisition is expected to close in October, subject to customary closing conditions and regulatory approvals.
Inergy is a Kansas City, Mo., master limited partnership with operations that include the retail marketing, sale and distribution of propane to residential, commercial, industrial and agricultural customers.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.