secwatch.observer — SEC 8-K summary
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Issuer:     Western Midstream Operating, LP (—)
CIK:        0001414475
Form:       8-K
Filed at:   2023-09-29T23:59:59+00:00
Accession:  0001414475-23-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Midstream Operating LP closes $600M 6.350% Senior Notes due 2029
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- $600M aggregate principal of 6.350% Senior Notes due 2029 issued on Sept 29, 2023; priced at 99.786% of face value.
- Interest payable semi-annually on Jan 15 and Jul 15; notes mature on Jan 15, 2029.
- Net proceeds to fund a portion of pending acquisition of Meritage Midstream Services II, LLC and for general partnership purposes.
- Notes rank equally with existing senior debt; initially unguaranteed but certain subsidiaries will guarantee if they back credit facility.
- Offering made under shelf registration; underwriters led by Barclays, Citigroup, Deutsche Bank, SMBC Nikko.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414475/000141447523000008/0001414475-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414475/000141447523000008/wes-20230927.htm
  HTML page:      https://secwatch.observer/filing/0001414475-23-000008

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