BB&T Capital Markets Serves as Co-Manager for Summit Midstream’s $500 Million 5.75% Offering of Senior Notes due 2025
On February 8, 2017, BB&T Capital Markets served as a co-manager for a offering of $500 million 5.75% senior notes due 2025 by Summit Midstream Partners, L.P.
Proceeds from the offering are being used for general corporate purposes.
About the Companies
Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in North America. The company provides natural gas gathering, treating, and processing services. Summit Midstream operates in five unconventional resource basins, including the Appalachian Basin, the Williston Basin, the Fort Worth Basin, the Piceance Basin, and the DJ Basin. The company serves crude oil and natural gas producers. Summit Midstream GP, LLC operates as a general partner of the company. Summit Midstream Partners, LP was founded in 2009 and is headquartered in The Woodlands, Texas.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.