Western Midstream completes $700 million offering of 5.700% senior notes due 2036
Western Midstream Operating, LP, a subsidiary of Western Midstream Partners, completed a $700 million public offering of 5.700% senior notes maturing July 1, 2036, on June 25, 2026. The company will use the net proceeds to repay borrowings under its revolving credit facility and commercial paper program, including borrowings used for the cash consideration for the Brazos Delaware II acquisition, and for general partnership purposes.
Key points
- $700 million of 5.700% senior notes due July 1, 2036, sold at 99.705% of face amount
- Proceeds to repay revolving credit facility and commercial paper borrowings, including those used to fund the Brazos Delaware II acquisition cash consideration
- Interest paid semi-annually on January 1 and July 1, with the first payment due January 1, 2027
- Notes are senior unsecured obligations and are not initially guaranteed by subsidiaries
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.