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8-K - FORM 8-K - Crestwood Midstream Partners LP | h80625e8vk.htm |
Exhibit 99.1
Crestwood Midstream Partners LP Announces
Proposed Private Offering of $200 Million Senior Notes due 2019
Proposed Private Offering of $200 Million Senior Notes due 2019
HOUSTON, TEXAS, March 21, 2011 Crestwood Midstream Partners LP (NYSE: CMLP) (Crestwood
LP) announced today that it intends, subject to market and other conditions, to offer $200,000,000
aggregate principal amount of its Senior Notes due 2019 (the Notes) in a private offering that is
exempt from the registration requirements of the Securities Act of 1933, as amended (the
Securities Act). The Notes will be guaranteed on a senior unsecured basis by certain of
Crestwood LPs current and future domestic subsidiaries.
The Notes and the related guarantees will be offered only to qualified institutional buyers in
reliance on the exemption from registration set forth in Rule 144A under the Securities Act, and
outside the United States to non-U.S. persons in reliance on the exemption from registration set
forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been
registered under the Securities Act, or the securities laws of any state or other jurisdiction, and
may not be offered or sold in the United States without registration or an applicable exemption
from the Securities Act and applicable state securities or blue sky laws and foreign securities
laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy,
any securities, nor shall there be any sales of the Notes in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction. This notice is being issued pursuant to and in accordance with Rule
135(c) under the Securities Act.
About Crestwood Midstream Partners LP
Houston, Texas-based Crestwood LP is a growth-oriented, midstream master limited partnership which
owns and operates predominantly fee-based gathering, processing, treating and compression assets
servicing natural gas producers in the Barnett Shale geologic formation in the Fort Worth Basin of
North Texas and the Avalon Shale and Bone Spring area of Southeastern New Mexico.
Investor Contact:
Mark Stockard
832-519-2207
mstockard@crestwoodlp.com
832-519-2207
mstockard@crestwoodlp.com
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