ENLINK MIDSTREAM PARTNERS, LP (NYSE:ENLK) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive
Agreement.
Issuance of 5.450% Senior Notes due
2047
On May11, 2017, EnLink Midstream Partners, LP (the Partnership)
completed its previously announced issuance and sale in an
underwritten public offering (the Offering) by the Partnership of
$500.0 million aggregate principal amount of its 5.450% senior
notes due 2047 (the Notes) under an Indenture, dated as of
March19, 2014 (the Base Indenture), between the Partnership and
Wells Fargo Bank, National Association, as trustee (the Trustee),
as amended and supplemented by the Fifth Supplemental Indenture
thereto, dated as of May11, 2017 (the Fifth Supplemental
Indenture), between the Partnership and the Trustee. Interest on
the Notes is payable on June1 and December1 of each year,
beginning December1, 2017.
The terms of the Notes, the Base Indenture and the Fifth
Supplemental Indenture are further described in the Prospectus
Supplement dated May4, 2017 relating to the Notes, filed with the
Securities and Exchange Commission (the Commission) on May5,
2017, and the accompanying Prospectus dated March9, 2017, under
the captions Description of Notes and Description of the Debt
Securities, respectively. The foregoing descriptions do not
purport to be complete and are qualified by reference to the Base
Indenture and the Fifth Supplemental Indenture, which are filed
as Exhibits 4.1 and 4.2, respectively, to this Current Report on
Form8-K (this Current Report) and are incorporated herein by
reference.
Item 8.01. Other Events.
In connection with the Offering, the Partnership is filing the
opinion of Baker Botts L.L.P. as part of this Current Report that
is to be incorporated by reference into the Partnerships shelf
registration statement on FormS-3 (File No.333- 216570), which
became effective automatically upon filing with the Commission on
March9, 2017. The opinion of Baker Botts L.L.P. is filed herewith
as Exhibit5.1 and incorporated herein by reference.
Item 9.01. Financial Statements and
Exhibits.
(d) Exhibits.
|
EXHIBIT NUMBER |
|
DESCRIPTION |
|
4.1 |
|
Indenture, dated as of March19, 2014, by and between EnLink |
|
4.2 |
|
Fifth Supplemental Indenture, dated as of May11, 2017, by |
|
5.1 |
|
Opinion of Baker Botts L.L.P. |
|
23.1 |
|
Consent of Baker Botts L.L.P. (included in Exhibit5.1). |
About ENLINK MIDSTREAM PARTNERS, LP (NYSE:ENLK)
EnLink Midstream Partners, LP is a midstream energy services company. The Company operates in five segments: Texas, which includes its natural gas gathering, processing and transmission activities in north Texas and the Permian Basin in west Texas; Oklahoma, which includes its natural gas gathering, processing and transmission activities in Cana-Woodford and Arkoma-Woodford Shale areas; Louisiana, which includes its natural gas pipelines, natural gas processing plants and natural gas liquids (NGL) assets located in Louisiana; Crude and Condensate, which includes its Ohio River Valley (ORV) crude oil, condensate and brine disposal activities in the Utica and Marcellus Shales, its equity interests, crude oil operations in the Permian Basin and crude oil activities associated with the Victoria Express Pipeline, and related truck terminal and storage assets (VEX) located in the Eagle Ford Shale, and Corporate Segment. ENLINK MIDSTREAM PARTNERS, LP (NYSE:ENLK) Recent Trading Information
ENLINK MIDSTREAM PARTNERS, LP (NYSE:ENLK) closed its last trading session down -0.30 at 17.38 with 645,728 shares trading hands.
