secwatch / observer
8-K filed February 8, 2024, 6:59 PM ET ticker HESM CIK 0001789832
other material confidence high sentiment neutral materiality 0.60

Hess Midstream secondary offering of 11.5M Class A shares at $32.83 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 Citigroup Global Markets Inc. valued at 10,000,000 Class A shares at a price of $32.83 per Class A Share (effective 2024-02-05).

Action
entry
Agreement
underwriting
Counterparty
Citigroup Global Markets Inc.
Value
10,000,000 Class A shares at a price of $32.83 per Class A Share
Effective
2024-02-05
Exact text from the filing
On February 5, 2024, 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 Citigroup Global Markets Inc., 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 $32.83 per Class A Share (the “Secondary Offering”).
View on SEC.gov

269 material agreements filed in the last 30 days. Browse all material agreements →

Hess Midstream LP filing history →

Source: SEC EDGAR
accession 0001193125-24-028366
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.