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CM -NGL funds $892.5MM Mesquite buy largely with equity sales - July 2019

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In creating the Delaware Basin’s largest water disposal system, NGL Energy Partners LP took on both equity and new credit obligations to meet the $892.5 million price tag for Mesquite Disposals Unlimited. EIG Global Energy Partners, and FS Energy and Power Fund bought $400 million aggregate amount of equity securities for cash, and the partnership signed a new $250 million, five-year secured term loan with TD Securities. NGL will also pay certain beneficial owners of Mesquite a total of $100......
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