Genesis Energy Announces Tender Offer For Up To $385M Aggregate Principal Amount Of Its 8.0% Senior Notes Due 2027

Author: Benzinga Newsdesk | December 05, 2024 09:25am

Genesis Energy, L.P. (NYSE:GEL) today announced the commencement of a cash tender offer to purchase up to $385 million (the "Tender Cap") of the outstanding aggregate principal amount of the 8.0% senior notes due 2027 (the "Notes") that we co-issued with our subsidiary, Genesis Energy Finance Corporation (such transaction, the "Tender Offer"). As of December 5, 2024, $981,245,000 aggregate principal amount of the Notes were outstanding. The Tender Offer is being made pursuant to the terms and conditions of an offer to purchase, dated as of December 5, 2024 (as may be amended or supplemented from time to time, the "Offer to Purchase").

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