secwatch.observer — SEC 8-K summary
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Issuer:     Western Midstream Operating, LP (—)
CIK:        0001414475
Form:       8-K
Filed at:   2025-12-04T23:59:59+00:00
Accession:  0001414475-25-000025
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Midstream Operating closes $1.2B senior notes offering for refinancing and general purposes
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- Issued $600M of 4.800% Senior Notes due 2031 and $600M of 5.500% Senior Notes due 2035.
- Net proceeds to repay 4.650% Senior Notes due 2026 and commercial paper (incl. borrowings for Aris Water acquisition).
- Notes priced at 99.993% (2031) and 99.405% (2035) of face amount; semi-annual interest.
- Notes rank equally with existing senior debt; subsidiary guarantee conditional on revolver borrowing.
- Underwriting agreement with Wells Fargo, Deutsche Bank, Mizuho, SMBC Nikko.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414475/000141447525000025/0001414475-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414475/000141447525000025/wes-20251201.htm
  HTML page:      https://secwatch.observer/filing/0001414475-25-000025

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