debt
confidence high
sentiment neutral
materiality 0.55
Genesis Energy closes $750M offering of 6.750% senior notes due 2034
GENESIS ENERGY LP
- $750 million aggregate principal of 6.750% senior notes due May 15, 2034 issued; offering closed March 4, 2026.
- Net proceeds to redeem all outstanding 7.75% senior notes due 2028 and repay a portion of revolving credit borrowings.
- Interest payable semi-annually on March 15 and September 15, beginning September 15, 2026.
- Notes are senior unsecured obligations ranking equally with existing senior unsecured debt.