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Non-Tech : Income Investing
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From: brehm2337/9/2014 6:56:14 AM
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DALLAS, July 8, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its wholly owned subsidiary Summit Midstream Holdings, LLC ("Summit Holdings"), and Summit Holdings' wholly owned subsidiary Summit Midstream Finance Corp. ("Finance Corp." and together with Summit Holdings, the "Issuers"), intend to offer, subject to market and other conditions, $300 million in aggregate principal amount of senior unsecured notes due 2022 (the "notes"), pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission.

Summit Holdings will use the net proceeds from this offering to repay a portion of the outstanding borrowings under its revolving credit facility.
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