News
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Blue Racer Midstream, LLC Announces $300 Million Offering of Senior Notes
DALLAS, June 14, 2018 – Blue Racer Midstream, LLC (“Blue Racer”) and its wholly owned subsidiary Blue Racer Finance Corp. announced today that, subject to market conditions, they intend to sell in an offering in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the…
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Moody’s upgrades Blue Racer’s senior notes to B2, rates new notes
Moody’s Investors Service (“Moody’s”) upgraded Blue Racer Midstream, LLC’s (BRM) senior unsecured notes to B2 from B3 and simultaneously assigned a B2 rating to the company’s proposed $300 million senior unsecured notes, due 2026.
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Blue Racer Midstream, LLC Announces Pricing of $300 Million Offering of Senior Notes
DALLAS, June 14, 2018 – Blue Racer Midstream, LLC (“Blue Racer”) and its wholly owned subsidiary Blue Racer Finance Corp. today announced the pricing of its previously announced offering of $300 million in aggregate principal amount of senior notes due 2026 (the “senior notes”). The senior notes, which priced at par, will mature on July 15,…
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Blue Racer Midstream LLC’s Proposed $300 Million Notes Assigned ‘B’ Rating (Recovery: ‘5’)
S&P Global Ratings Primary Credit Analyst:Jacqueline R Banks, New York + (212) 438-3409; Jacqueline.Banks@spglobal.com Secondary Contact:Mike Llanos, New York (1) 212-438-4849; mike.llanos@spglobal.com NEW YORK (S&P Global Ratings) June 14, 2018–S&P Global Ratings today assigned its ‘B’ issue-level rating to U.S. midstream energy company Blue Racer Midstream LLC’s and Blue Racer Finance Corp.’s proposed $300 million…
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Blue Racer keeps growing in the heart of Utica Shale
Kallanish Energy The privately held company quietly goes about its business in the Appalachian Basin. The company operates the largest network of gathering pipelines in the Utica Shale with more than 700 miles of pipelines, its so-called “super system,” said spokesman Cory Gerken, at a recent Utica Midstream conference in North Canton, Ohio. That includes…
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Blue Racer Midstream, LLC Announces Pricing of $300 Million Offering of Additional 6.125% Senior Notes
DALLAS—July 15, 2015—Blue Racer Midstream, LLC (“Blue Racer”) and its wholly owned subsidiary Blue Racer Finance Corp. (together with Blue Racer, the “Issuers”) today announced the pricing of its previously announced offering of $300 million in aggregate principal amount of their senior notes due 2022 (the “additional senior notes”). The additional senior notes mature on…
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Blue Racer Midstream, LLC Announces $300 Million Offering of Additional 6.125% Senior Notes Due 2022
DALLAS—July 15, 2015—Blue Racer Midstream, LLC (“Blue Racer”) and its wholly owned subsidiary Blue Racer Finance Corp. (together with Blue Racer, the “Issuers”) announced today that, subject to market conditions, they intend to sell in an offering in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933,…
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Midstream Adjusts For Emerging Utica
The American Oil & Gas Reporter Will the emerging development of deep Utica Shale wells across Pennsylvania, West Virginia and Ohio be aided by midstream infrastructure built for the Marcellus Shale in roughly the same area? “Right now, there is a shortage of capacity,” offers Stephen Arata, the new chief executive officer of Blue Racer…
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Blue Racer Midstream Provides Update On Operations In the Utica and Marcellus Shale
Blue Racer Midstream DALLAS – June 24 , 2015 – Blue Racer Midstream, LLC (“Blue Racer”) announced today that it has commissioned a second cryogenic processing plant at its Berne Natural Gas Processing Complex (“Berne”) in Monroe County, Ohio. Known as Berne II, the new facility has 200 million cubic feet per day (MMcf/d) of…
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Caiman Energy and Blue Racer Midstream Announce Management Changes
DALLAS – May 20, 2015 – Caiman Energy II, LLC and Blue Racer Midstream, LLC announced today that Jack Lafield has stepped down as chief executive officer of both companies. Mr. Lafield will continue to serve as chairman of Caiman Energy II and remains a member of Blue Racer’s board of directors. Stephen Arata has…