---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-135324"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:38:58.967202+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy upsizes senior notes offering to $700M at 7.875% due 2032; proceeds to redeem 2026 notes

## Summary
- Offering upsized from $500M to $700M aggregate principal; notes priced at 100% of par.
- Notes carry 7.875% coupon, mature 2032, co-issued with Genesis Energy Finance Corp.
- Net proceeds ~$687.8M after underwriting discounts; used to redeem all 6.250% 2026 notes and repay credit facility.
- Offering closed May 9, 2024; RBC Capital Markets acted as lead underwriter.
- Affiliates of certain underwriters are lenders under the credit facility and/or holders of the 2026 notes.

## SEC filing metadata
- accession: 0001193125-24-135324
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000119312524135324/0001193125-24-135324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000119312524135324/d818783d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-135324
- JSON: https://secwatch.observer/filing/0001193125-24-135324.json
- Plain text: https://secwatch.observer/filing/0001193125-24-135324.txt

## Key facts
- Material Agreements
  GENESIS ENERGY LP entered into Underwriting Agreement with RBC Capital Markets, LLC, as representative of a group of underwriters named in the Underwriting Agreement valued at $700 million (effective 2024-05-06).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: RBC Capital Markets, LLC, as representative of a group of underwriters named in the Underwriting Agreement
  - Value: $700 million
  - Effective: 2024-05-06
  source text: On May 6, 2024, 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 RBC Capital Markets, 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/1022321/000119312524135324/0001193125-24-135324-index.htm

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