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CM - Equitrans absorbs EQM Midstream, which issues $1.6B in debt - June 2020



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EQM Midstream Partners LP, now a subsidiary of Equitrans Midstream Corp., sold two new series of notes with a combined aggregate principal amount of $1.6 billion: $900 million of 6.5% notes due 2027 and $700 million of 6% notes due 2025. Both series of notes are senior, subordinated and unsecured. The principal amount of notes sold is double the initially contemplated offering amount of $800 million. Just one day earlier, Equitrans and EQM announced......
 
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