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MI - DCP operating sub issued $600MM in 10-year notes - MAy 2019



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DCP Midstream Operating LP priced an offering of $600 million aggregate principal amount of 5.125% senior notes due 2029 at 100. The sale, which closed on May 10, was upsized from an initially contemplated $500 million. The Denver-based issuer, a subsidiary of DCP Midstream LP, said the senior notes will be fully and unconditionally guaranteed by its parent. The operating partnership intends to use net proceeds from the offering for general partnership purposes, including the repayment of indebtedness under its......
 
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