Tesoro Logistics $750 million 5.25% notes issue

Value:

$ 750 million

Status:

Completed

Date:

2/12/2016

Oil and gas midstream services provider Tesoro Logistics has made a $750 million 5.25% notes issue due 2025.
The proceeds will be used to finance existing debt.
RBC Capital Markets, BNP PARIBAS, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, PNC Capital Markets, and TD Securities acted as joint bookrunning managers.

Kurt Stumpo - Journalist

United States

Investment grade bond/note issue

Capital markets : Debt

United States

Oil and gas

Cahill Gordon & Reindel

Party: RBC Capital Markets (Joint bookrunner)

Party: BofA Merrill Lynch (Joint bookrunner)

Party: Citigroup (Joint bookrunner)

Party: Credit Suisse (Joint bookrunner)

Party: Deutsche Bank Securities (Joint bookrunner)

Party: PNC Capital Markets (Joint bookrunner)

Party: TD Securities (Joint bookrunner)

Lawyer: James Clark

Simpson Thacher & Bartlett

Party: Tessenderlo Chemie (Issuer)

Lawyer: Ken Wallach