EnLink midstream announces pricing of $500 million of senior notes due 2029

|About: EnLink Midstream, LLC (ENLC)|By:, SA News Editor

EnLink Midstream (ENLC +0.5%) prices $500M 5.375% senior notes due 2029 at a price 100% of their face value.

The sale of the senior notes is expected to settle on April 9, 2019.

ENLC intends to use the net proceeds of ~ $496.M to repay outstanding borrowings under its revolving credit facility, and for general limited liability company purposes.

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