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Archrock Closes $700 Million Note Offering
2024-08-27 05:05
05:05 PM EDT, 08/26/2024 (MT Newswires) -- Archrock (AROC) said Monday it has closed a private offering by its Archrock Partners unit of $700 million of 6.625% senior notes due 2032.
Net proceeds will be used to help fund the acquisition of Total Operations and Production Services and the tender offer to buy up to $200 million of its 6.875% notes due 2027, with the remaining for general corporate purposes, Archrock said.
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