NGL Energy Partners LP Announces Definitive Agreement to Acquire Hillstone
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NGL Energy Partners (NGL) to Issue Additional Class D Preferred Units and Warrants
September 26, 2019 6:35 AM EDTNGL Energy Partners LP (NYSE: NGL) (NGL) today announced that on September 25, 2019, it entered into an agreement with institutional investors for the private placement of $200 million of NGLs Class D Preferred Units and warrants to purchase common units representing equity interests in NGL.
The Class D Preferred Units are additional preferred units of the same class as the $400 million of Class D Preferred Units previously issued on July 2, 2019 in connection with... More
