secwatch.observer — SEC 8-K summary
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Issuer:     USA Compression Partners, LP (USAC)
CIK:        0001522727
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001522727-24-000013
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USA Compression prices $1.0B 7.125% senior notes due 2029; proceeds to repay revolver & redeem 2026 notes
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- $1.0B aggregate principal of 7.125% senior unsecured notes due 2029 priced at par.
- Net proceeds of ~$984.4M; closing expected March 18, 2024.
- Proceeds to repay ABL revolver borrowings and redeem all $400M 6.875% notes due 2026.
- Notes offered via private placement to QIBs under Rule 144A and Reg S; not registered.
- J.P. Morgan Securities LLC acted as representative of the initial purchasers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000013/0001522727-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000013/usac-20240304.htm
  HTML page:      https://secwatch.observer/filing/0001522727-24-000013

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