Summit Midstream Partners LP - Unit

NYSE:SMLP   3:57:20 PM EDT
0.80
-0.05 (-6.05%)
Debt Financing / Related, Share Repurchases

Summit Midstream Partners Achieves Lender Support Milestone For SMP Holdings' Term Loan Restructuring

Published: 10/08/2020 11:43 GMT
Summit Midstream Partners LP (SMLP) - Summit Midstream Partners, Lp Achieves Lender Support Milestone for Smp Holdings' Term Loan Restructuring & Announces Repurchase of Senior Notes.
Summit Midstream Partners - Smp Holdings Secured Formal Consents From Lenders Collectively Holding More Than 73% of $155.2 Million Outstanding Term Loan.
Summit Midstream Partners Lp - Consenting Lenders Now Exceed Minimum Threshold to Proceed With Remaining Conditions to Close Tl Restructuring.
Summit Midstream Partners Lp - Smlp Will Continue to Engage With Additional Term Loan Lenders Who Have Not Yet Formally Consented to Tl Restructuring.
Summit Midstream Partners Lp - Smlp to Repurchase $95.6 Million of Face Value of Senior Notes at a Discount of 32% to Par.