Noble Midstream Announces Private Placement of Common Units
June 21 2017 - 7:46AM
Business Wire
Noble Midstream Partners LP (NYSE: NBLX) (“Noble
Midstream” or the “Partnership”) today announced that it has priced
a private placement of 3,525,000 common units representing limited
partner interests of the Partnership for gross proceeds of
approximately $143 million. Noble Midstream expects to use the net
proceeds from the private placement to fund a portion of the
acquisition of additional interests in Blanco River DevCo LP and
Colorado River DevCo LP from Noble Energy, Inc. The private
placement is expected to close June 26, 2017 in conjunction with
the closing of the acquisition, both of which are subject to
customary closing conditions.
The securities offered in the private placement have not been
registered under the Securities Act of 1933, as amended, or any
state securities laws and may not be offered or sold in the United
States absent registration or an applicable exemption from the
registration requirements of the Securities Act and applicable
state securities laws. This press release does not constitute an
offer to sell or the solicitation of an offer to buy the securities
described herein.
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Noble Midstream Partners LPChris HickmanVP, Investor
Relations(281) 943-1622chris.hickman@nblmidstream.com
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