---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-012050"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2023-01-20T23:59:59+00:00"
generated_at: "2026-06-20T12:13:13.510175+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy upsizes and prices $500M 8.875% senior notes due 2030 to refinance 2024 notes

## Summary
- Offering upsized from $400M to $500M; priced at 100% of principal.
- 8.875% senior unsecured notes due 2030, co-issued with Genesis Energy Finance Corp.
- Net proceeds ~$491M to fund tender offer for 5.625% notes due 2024 and repay credit facility.
- Expected settlement and closing on January 25, 2023, subject to customary conditions.

## SEC filing metadata
- accession: 0001193125-23-012050
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2023-01-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000119312523012050/0001193125-23-012050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000119312523012050/d432718d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-012050
- JSON: https://secwatch.observer/filing/0001193125-23-012050.json
- Plain text: https://secwatch.observer/filing/0001193125-23-012050.txt

## Key facts
- Material Agreements
  GENESIS ENERGY LP entered into Underwriting Agreement with Wells Fargo Securities, LLC, as representative of a group of underwriters valued at $500 million (effective 2023-01-18).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Wells Fargo Securities, LLC, as representative of a group of underwriters
  - Value: $500 million
  - Effective: 2023-01-18
  source text: On January 18, 2023, Genesis Energy, L.P. (“ Genesis ”), Genesis Energy Finance Corporation (together with Genesis, the “ Issuers ”) and certain subsidiary guarantors of Genesis entered into an Underwriting Agreement (the “ Underwriting Agreement ”) with Wells Fargo Securities, LLC, as representative of a group of underwriters named in the Underwriting Agreement, in connection with the Issuers’ public offering of senior notes (the “ Offering ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000119312523012050/0001193125-23-012050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.