Brief: Hess Midstream Lp Announces Signing Of Accretive $100 Million Sponsor Unit Repurchase

Hess Midstream LP

27/06/2023 13:32

June 27 (Reuters) - Hess Midstream LP  HESM.N :
    * HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $100
MILLION
SPONSOR UNIT REPURCHASE
    * HESS MIDSTREAM - EXECUTION OF DEFINITIVE AGREEMENT
PROVIDING FOR
REPURCHASE OF ABOUT $100 MILLION OF CLASS B UNITS BY UNIT, HESS
MIDSTREAM OPERATIONS LP
    * HESS MIDSTREAM LP - FOLLOWING UNIT REPURCHASE, EXPECT TO
CONTINUE TO HAVE MORE THAN $1 BILLION OF FINANCIAL FLEXIBILITY
THROUGH 2025
    * HESS MIDSTREAM LP - EXPECTS TO FUND UNIT REPURCHASE
THROUGH
BORROWINGS UNDER ITS EXISTING REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nBw2tqNvwa 
Further company coverage:  HESM.N 

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