NYSE:USACEnergy Services
A Look at USA Compression Partners’s Valuation Following $750 Million Debt Refinancing Move
USA Compression Partners Sets Stage for Lower Debt Costs With $750 Million Note Offering
If you’re watching USA Compression Partners (USAC) this week, the company’s latest move may have caught your eye. USA Compression Partners just priced a private placement of $750 million in 6.250% senior unsecured notes due 2033, using the funds to redeem its higher-cost 6.875% notes maturing in 2027. Not only does this shuffle the company’s debt stack, but it could also ease future interest expenses, a...