debt
confidence high
sentiment neutral
materiality 0.60
Archrock announces $500M senior notes offering due 2034 to repay revolver
Archrock, Inc.
- Archrock Services, L.P. plans to offer $500M aggregate principal of senior notes due 2034.
- Net proceeds will repay outstanding borrowings under Archrock's revolving credit facility.
- Notes will be offered to QIBs under Rule 144A and non-U.S. persons under Regulation S.
- Co-issuer is Archrock Partners Finance Corp., a wholly owned subsidiary.