Howard Energy Partners LLC - Tender Offer 2024 (US) - Pricing Terms

Howard Energy Partners Announces Pricing Terms of Tender Offer for Any and All of Its Outstanding 6.75 Percent Senior Notes Due 2027

12 JUNE 2024

Full announcement including full disclosures and disclaimers available via Businesswire: Source: Howard Midstream Energy Partners LLC

"SAN ANTONIO--(BUSINESS WIRE)--Howard Midstream Energy Partners, LLC (the “Company”) today announced the pricing terms of the previously announced cash tender offer (the “Tender Offer”) for any and all of the $400,000,000 outstanding aggregate principal amount of its 6.75 percent senior notes due 2027 (the “Notes”). The Tender Offer consists of an offer on the terms and conditions set forth in the offer to purchase, dated June 6, 2024 (the “Offer to Purchase”), and the notice of guaranteed delivery (as they may each be amended or supplemented from time to time, the “Tender Offer Documents”), to purchase for cash any and all of the Notes.

The “Tender Offer Consideration” for each $1,000 principal amount of the 2027 Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer was determined in the manner described in the Offer to Purchase by reference to the fixed spread for the 2027 Notes specified above plus the yield based on the bid-side price of the U.S. Treasury Reference Security specified above, as quoted on the Bloomberg Bond Trader FIT3 series of pages, at 2:00 p.m. New York City time, today, the date on which the Tender Offer is currently scheduled to expire.

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Howard Energy Partners Announces Commencement of a Cash Tender Offer for the 6.75 Percent Senior Notes Due 2027 - 442722AA2 - U4425TAA0

06 JUNE 2024

Full announcement including full disclosures and disclaimers available via Businesswire: Source: Howard Midstream Energy Partners LLC

SAN ANTONIO--(BUSINESS WIRE)--Howard Midstream Energy Partners, LLC (the “Company”) today announced that it is commencing a cash tender offer (the “Tender Offer”) for any and all of its $400 million outstanding 6.75 percent senior notes due 2027 (the “2027 Notes”).

The Tender Offer is being made pursuant to an Offer to Purchase, dated June 6, 2024 (the “Offer to Purchase”), and the accompanying Notice of Guaranteed Delivery (as they may each be amended or supplemented from time to time, the “Tender Offer Documents”).

Certain information regarding the 2027 Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread is set forth in the table below.

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