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USD Partners ( NYSE: USDP ) said Thursday it will sell its Casper rail terminal to South 49 Holdings.
The sale price for the rail terminal was about $33.0 million.
The transaction is expected to close prior to the end of the second quarter of 2023.
The partnership said it intends to use a majority of the proceeds from the sale of the terminal to repay borrowings outstanding under its revolving credit facility, general partnership purposes.