Business
Genesis Energy, L.P. Announces Increase to Previously Announced Tender Offer for its 7.750% Senior Notes due 2028
HOUSTON, February 19, 2026--Genesis Energy, L.P. (NYSE: GEL) announced today, in connection with our previously announced cash tender offer (the "Tender Offer") for our 7.750% Senior Notes due 2028 ( "Notes"), that we have increased the maximum aggregate principal amount of Notes that we will accept for purchase in the Tender Offer from $490 million to any and all of the Notes on the terms and conditions of the offer to purchase, dated as of February 18, 2026; and, as a result, there is no longe
About this update from Genesis Energy, L.p.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/1203255fbad998755cc22417713fae8e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/9BXkRKBpEcoEnd5TRePYyQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/1203255fbad998755cc22417713fae8e","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/dtByg59Wiq.2i7dGnd233A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/1203255fbad998755cc22417713fae8e","width":1024,"height":512}},"lazy":false},{"type":"text","content":"HOUSTON, February 19, 2026--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today, in connection with our previously announced cash tender offer (the "Tender Offer") for our 7.750% Senior Notes due 2028 ( "Notes"), that we have increased the maximum aggregate principal amount of Notes that we will accept for purchase in the Tender Offer from $490 million to any and all of the Notes on the terms and conditions of the offer to purchase, dated as of February 18, 2026; and, as a result, there is no longer a limit on the maximum amount of Notes that we will purchase in the Tender Offer, acceptances of tendered Notes shall no longer be subject to proration, and we will accept any additional Notes tendered by holders after the Early Tender Deadline (as defined below) (as amended by the terms set forth herein, the "Offer to Purchase").","length":881,"tagName":"p"},{"type":"text","content":"Notes validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on March 3, 2026, unless extended (such time and date as the same may be extended the "Early Tender Deadline"), will be eligible to receive a purchase price of $1,001.25 per $1,000 principal amount of Notes tendered, including an early tender payment of $30.00 per $1,000 principal amount of the Notes tendered. Notes validly tendered and not validly withdrawn after the Early Tender Deadline but at or prior to 5:00 p.m., New York City time, on March 18, 2026, unless extended or earlier terminated (such time and date as the same may be extended the "Expiration Time"), wi...