secwatch / observer
8-K filed August 17, 2023, 7:59 PM ET ticker HESM CIK 0001789832
other confidence high sentiment neutral materiality 0.55

Hess Midstream LP secondary offering of 10M Class A shares at $28.80 by GIP affiliate

Hess Midstream LP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Hess Midstream LP entered into Underwriting Agreement with Hess Midstream LP, Hess Midstream GP LP, Hess Midstream GP LLC, GIP II Blue Holding, L.P., and Goldman Sachs & Co. LLC valued at 10,000,000 Class A shares at $28.80 per share, less underwriting discounts; option for additional 1, (effective 2023-08-15).

Action
entry
Agreement
underwriting
Counterparty
Hess Midstream LP, Hess Midstream GP LP, Hess Midstream GP LLC, GIP II Blue Holding, L.P., and Goldman Sachs & Co. LLC
Value
10,000,000 Class A shares at $28.80 per share, less underwriting discounts; option for additional 1,
Effective
2023-08-15
Exact text from the filing
On August 15, 2023, Hess Midstream LP., a Delaware limited partnership (the “Company”), Hess Midstream GP LP, a Delaware limited partnership and the general partner of the Company (the “General Partner”), Hess Midstream GP LLC, a Delaware limited liability company and the general partner of the General Partner, GIP II Blue Holding, L.P., a Delaware limited partnership (the “Selling Shareholder”), and Goldman Sachs & Co. LLC, as underwriter (the “Underwriter”), entered into an Underwriting Agreement (the “Underwriting Agreement”), pursuant to which the Selling Shareholder agreed to sell to the Underwriter, and the Underwriter agreed to purchase from the Selling Shareholder, subject to and upon the terms and conditions set forth therein, 10,000,000 Class A shares representing limited partner interests in the Company (the “Class A Shares”) at a price of $28.80 per Class A Share, less underwriting discounts (the “Secondary Offering”).
View on SEC.gov

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Hess Midstream LP filing history →

Source: SEC EDGAR
accession 0001193125-23-215088
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