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Summit Midstream Partners, Lp Announces Final Results Of Series A Preferred Unit Exchange Offer

Summit Midstream Partners, Lp Announces Final Results Of Series A Preferred Unit Exchange Offer

01/14/22, 6:45 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svghouston
Industry
natural resources
sustainability
Round Type
series a
Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today the final results of its offer to exchange (the "Exchange Offer") any and all of its 9.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Liquidation Preference $1,000) (the "Series A Preferred Units") tendered in the Exchange Offer for newly issued common units representing limited partner interests in the Partnership (the "Common Units"), which expired at 11:59 p.m., New York City time, on January 12, 2022. Based on information provided by American Stock Transfer & Trust Company, LLC, the depositary of the Exchange Offer, 77,939 Series A Preferred Units were properly tendered and not validly withdrawn.

Company Info

Company
Summit Midstream Partners
Location
houston, texas, united states
Additional Info
Headquartered in Houston, Texas, Summit Midstream Partners, LP (NYSE: SMLP) is a value-driven master limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States.

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