Core Viewpoint - Archrock, Inc. has successfully closed a private offering of $800 million in senior notes, which will be used to repay a portion of its outstanding borrowings under its revolving credit facility [1]. Group 1: Offering Details - The offering consists of $800 million aggregate principal amount of 6.000% senior notes due 2034 [1]. - Archrock Services, L.P., a wholly-owned subsidiary of Archrock, is the issuer of the notes, with Archrock Partners Finance Corp. as the co-issuer [1]. - The notes have not been registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and non-U.S. persons [2]. Group 2: Company Overview - Archrock is an energy infrastructure company focused on midstream natural gas compression, committed to safe and environmentally responsible practices [4]. - The company is headquartered in Houston, Texas, and is a leading provider of natural gas compression services in the U.S. [4]. - Archrock Services is recognized as a leading provider of natural gas compression services to the oil and natural gas industry throughout the United States [5].
Archrock Announces Closing of $800 Million of Senior Notes Offering