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8-K - FORM 8-K - Crestwood Midstream Partners LP | h80978e8vk.htm |
Exhibit 99.1
Crestwood Midstream Partners LP Announces
Pricing of Private Offering of $200 Million Senior Notes due 2019
Pricing of Private Offering of $200 Million Senior Notes due 2019
HOUSTON, TEXAS, March 25, 2011 Crestwood Midstream Partners LP (NYSE: CMLP) (Crestwood
LP) announced today that it has priced $200,000,000 aggregate
principal amount of its 7.75 percent Senior
Notes due 2019 (the Notes) issued 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 are being 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 area of Southeastern New Mexico.
Investor Contact:
Mark Stockard
832-519-2207
mstockard@crestwoodlp.com
Mark Stockard
832-519-2207
mstockard@crestwoodlp.com
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