debt
confidence high
sentiment neutral
materiality 0.60
XPLR Infrastructure subsidiary issues $750M of 7.750% senior notes due 2034
XPLR Infrastructure, LP
- XPLR OpCo issued $750M aggregate principal amount of 7.750% senior unsecured notes maturing April 15, 2034.
- Interest payable semi-annually on April 15 and October 15, commencing April 15, 2026.
- Make-whole redemption prior to April 15, 2029; after, step-down redemption prices from 103.875% to par.
- Up to 40% may be redeemed with equity proceeds at 107.750% before April 2029, if 50% remains outstanding.
- Notes are unsecured and unconditionally guaranteed by XPLR and XPLR Infrastructure US Partners Holdings.