Kinetik Holdings (KNTK) Announces $250M Notes Placement
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Kinetik Announces $250 Million Private Placement of Additional 6.625% Sustainability-Linked Senior Notes Due 2028
March 14, 2025 7:47 AM EDTHOUSTON & MIDLAND, Texas--(BUSINESS WIRE)-- Kinetik Holdings Inc. (NYSE: KNTK) (Kinetik) announced today that its subsidiary, Kinetik Holdings LP (the Issuer), intends to offer, subject to market and other conditions, $250 million aggregate principal amount of 6.625% sustainability-linked senior notes due 2028 (the New Notes) in an offering (the Offering) pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the Securities Act). The New Notes are being offered as additional notes under the indenture dated as of December 6, 2023, as may be supplemented from time to time (the Indenture), pursuant to... More
