- NGL Energy Partners ( NYSE: NGL ) said Thursday it intends redeem all of $203.4 million of its 7.5% senior notes due 2023.
- On March 31, 2023, registered holders of notes will receive a redemption payment of equal to 100% of the principal amount of such notes; and accrued and unpaid interest on such notes, if any, to the dedemption date, the company said.
- Following the payment on the redemption date, there will be no notes that remain outstanding, NGL said.
- Press Release .
- Seeking Alpha contributor DT Analysis recently laid out a "Buy" case for NGL .
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NGL Energy Partners redeems $203.4M senior notes