secwatch.observer — SEC 8-K summary
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Issuer:     GENESIS ENERGY LP (GEL)
CIK:        0001022321
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001193125-24-275581
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genesis Energy upsizes and prices $600M of 8.000% senior notes due 2033 to refinance 2027 notes
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- Offering upsized from $400M to $600M; notes priced at par with 8.000% coupon, maturing 2033.
- Net proceeds ~$589M; up to $575M to redeem outstanding 8.0% senior notes due 2027.
- Remaining proceeds for general partnership purposes, including revolver repayment.
- Settlement expected December 19, 2024; joint book-runners include Wells Fargo, SMBC Nikko, BofA Securities.
- Subsidiary guarantors initially guarantee the notes; co-issued with Genesis Energy Finance Corporation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022321/000119312524275581/0001193125-24-275581-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022321/000119312524275581/d905433d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-275581

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