debt
confidence high
sentiment neutral
materiality 0.50
XPLR subsidiary issues $1.75B in senior unsecured notes at 8.375%-8.625%
XPLR Infrastructure, LP
- XPLR OpCo issued $825M of 8.375% senior notes due 2031 and $925M of 8.625% senior notes due 2033.
- Notes are unsecured obligations guaranteed by XPLR Infrastructure, LP and XPLR US Holdings.
- 2031 notes mature Jan 2031, interest semi-annual; 2033 notes mature Mar 2033.
- Redemption terms include make-whole premium prior to certain dates, then step-down prices.
- Issuance date: March 25, 2025; reported via 8-K on March 31, 2025.