2023-03-23 17:34:23 ET
- 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.
- Press Release .
For further details see:
USD Partners divests Casper rail terminal for $33M to South 49