Kinetik Announces $250 Million Private Placement of Additional 6.625% Sustainability-Linked Senior Notes Due 2028
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Kinetik Holdings Inc. announced a $250 million private placement of 6.625% sustainability-linked senior notes due 2028. The offering is subject to market conditions and will be conducted under Rule 144A and Regulation S.
March 14, 2025 | 12:00 pm
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Kinetik Holdings Inc. is issuing $250 million in sustainability-linked senior notes due 2028, which could impact its financial structure and sustainability initiatives.
The issuance of $250 million in sustainability-linked notes suggests a strategic move to enhance Kinetik's financial structure and commitment to sustainability. This could positively influence investor sentiment and stock price in the short term.
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