Brief: Holly Energy Partners Announces Quarterly Distribution of $0.35 per LP unit

Holly Energy Partners LP

22/01/2021 21:49

Jan 22 (Reuters) - Holly Energy Partners LP  HEP.N :
    * HOLLY ENERGY PARTNERS LP - IN 2021, HEP EXPECTS TO HOLD
QUARTERLY DISTRIBUTION CONSTANT AT $0.35 PER UNIT
    * HOLLY ENERGY PARTNERS LP - REMAIN COMMITTED TO
DISTRIBUTION
STRATEGY FOCUSED ON FUNDING ALL CAPEX, DISTRIBUTIONS WITHIN FCF
    * HOLLY ENERGY PARTNERS - REMAIN COMMITTED TO MAINTAINING
DISTRIBUTABLE CASH FLOW COVERAGE OF 1.3X OR GREATER WITH GOAL OF
REDUCING LEVERAGE TO 3.0-3.5X

Source text for Eikon:  ID:nBw8VSSTda 
Further company coverage:  HEP.N 

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