Core Points - XPLR Infrastructure, LP announced the pricing of a private offering of 7.750% senior unsecured notes due 2034, expected to close on November 21, 2025 [1][2] - The offering aims to raise approximately $740 million in net proceeds, which will be used for various financial obligations and investments [3] Financial Details - The notes will pay interest semi-annually at an annual rate of 7.750% and will mature on April 15, 2034 [2] - The net proceeds will be allocated to pay cash consideration for the tender offer of outstanding 3.875% senior notes due in October 2026, repay outstanding debt, and fund investments in clean energy projects [3] Company Overview - XPLR Infrastructure, LP is focused on clean energy infrastructure with long-term, stable cash flows, and aims to deliver value through disciplined capital allocation [5] - The company’s portfolio includes diversified generation technologies such as wind, solar, and battery storage projects in the U.S. [5]
XPLR Infrastructure, LP announces the pricing of $750 million of 7.750% senior unsecured notes due 2034
Prnewswire·2025-11-12 21:15