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WESTERN MIDSTREAM ANNOUNCES PRICING OF NOTES OFFERING
Western Midstream Partners, LP (NYSE: WES) ("WES" or "Western Midstream") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $600 million in aggregate principal amount of 4.800% senior notes due 2031 at a price to the public of 99.993% of their face value (the "2031 Senior Notes") and $600 million in aggregate principal amount of 5.500% senior notes due 2035 at a price to the public of 99.405% of their face value (the "2035 Senior No
About this update from Western Midstream Partners, Lp
[{"type":"text","content":"HOUSTON, Dec. 1, 2025 /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or "Western Midstream") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $600 million in aggregate principal amount of 4.800% senior notes due 2031 at a price to the public of 99.993% of their face value (the "2031 Senior Notes") and $600 million in aggregate principal amount of 5.500% senior notes due 2035 at a price to the public of 99.405% of their face value (the "2035 Senior Notes" and, together with the 2031 Senior Notes, the "Senior Notes"). The offering of the Senior Notes is expected to close on December 4, 2025, subject to the satisfaction of customary closing conditions. Net proceeds from the offering are expected to be used to refinance WES Operating's maturing 4.650% Senior Notes due 2026, repay amounts outstanding under WES Operating's commercial paper program (including borrowings incurred by WES to fund the cash consideration of the acquisition of Aris Water Solutions, Inc.), and for general partnership purposes, including the funding of capital expenditures.","length":1210,"tagName":"p"},{"type":"text","content":"Wells Fargo Securities, LLC, Deutsche Bank Securities Inc., Mizuho Securities USA LLC and SMBC Nikko Securities America, Inc. are acting as joint book-running managers for the offering. The offering will be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, copies of which may be obtained from Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402 or by phone at 1-800-645-3751; Deutsche Bank Securities Inc., 1 Columbus Circle, New York, New York 10019 or by phone at 1-800-503-4611, Mizuho Securities USA LLC, 1271 Avenue of the Americas, New York, New York 10020 or by phone at 1-866-271-7403, and SMBC Nikko Securities America, Inc., 277 Park Avenue, 5th Floor, New York, New York 10172 or by phone at 1-888-868-6856. An electronic copy of the prospectus and the related prospectus supplement is available from the U.S. Securities and Exchange Commission's website at www.sec.gov.","length":1027,"tagName":"p"},{"type":"text","content":"This press release ...