Brief: Hess Midstream Signs Accretive $100 Mln Sponsor Unit Repurchase

Hess Midstream LP

28/03/2023 14:43

March 28 (Reuters) - Hess Midstream LP  HESM.N :
    * HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $100
MILLION
SPONSOR UNIT REPURCHASE
    * HESS MIDSTREAM -HESS MIDSTREAM OPERATIONS LP, CO'S
CONSOLIDATED
SUBSIDIARY, AGREED TO REPURCHASE 3.6 MILLION CLASS B UNITS OF
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:nBw6b3FZ9a 
Further company coverage:  HESM.N 

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