Crosstex Energy Announces Pricing of $250M Private Placement of Senior Notes Due 2022
Crosstex Energy, L.P. (NASDAQ: XTEX) announced today that the Partnership and its subsidiary, Crosstex Energy Finance Corporation, have priced their private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the Securities Act), of $250 million in aggregate principal amount of 7 1/8 percent senior unsecured notes due 2022 at an issue price of 100% of the principal amount to yield 7 1/8 percent to maturity.
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