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17.03.26 - 11:48
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Nigeria: Indorama, Nb, Genesis Energy Partner to Develop RPET Production Facilities in Nigeria (AllAfrica)
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[This Day] Indorama Ventures Public Company Limited, Nigerian Breweries Plc and Genesis Power & Energy Solutions Limited, have entered a strategic partnership to establish one of Africa's largest state-of-the-art recycled PET (rPET) production facilities in Nigeria, based on planned production capacity. The landmark collaboration marks a significant step toward strengthening circular economy infrastructure and sustainable packaging value chains across the region....
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09.03.26 - 11:06
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Genesis Energy, L.P. Announces Extension of its Revolving Credit Facility and the Opportunistic Repurchase of $110 Million of its Series A Convertible Preferred Units (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced this morning that on March 4, 2026, it successfully syndicated, upsized and closed on an extension of its existing revolving credit facility with a total of $900 million in commitments from its existing lenders with an initial maturity date of March 4, 2031. The upsized facility includes enhanced covenant flexibility and an expanded permitted investment basket which will provide Genesis with an increased ability to potentially purchase existing private or public securities across the capital structure that management might then perceive to be a high-valued use of capital.
Additionally, Genesis announced that on March 6, 2026, it completed the opportunistic repurchase of approximately $110 million of its Series A convertible preferred units at 102% of par, using cash on hand and availability under its newly expanded revolving credit facility. This opportunistic repurchase, along with the successful refinancing of its 7.75% 2028 unsecured ...
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05.03.26 - 12:03
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Genesis Energy, L.P. Announces Early Results and Initial Settlement Date for Tender Offer for Any and All of Its 7.750% Senior Notes Due 2028 (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that receipt of tenders for an aggregate principal amount of $415,942,000 of our outstanding 7.750% senior notes due 2028 (the “Notes”) that we co-issued with our subsidiary, Genesis Energy Finance Corporation in connection with its previously announced cash tender offer (such transaction, the “Tender Offer”) to purchase any and all of the aggregate principal amount outstanding of the Notes, as of 5:00 p.m., New York City time, on March 3, 2026 (the “Early Tender Deadline”), as well as the expected initial settlement date for the Tender Offer on March 5, 2026 (the “Initial Settlement Date”).
We will continue to accept Notes tendered after the Early Tender Deadline for any and all Notes, $679,360,000 aggregate principal amount of which was outstanding when the Tender Offer was announced. The Tender Offer will expire at 5:00 p.m., New York City time, on March 18, 2026, unless extended or earlier terminated (such time ...
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19.02.26 - 02:54
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Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior Notes (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $750,000,000 in aggregate principal amount of 6.75% senior notes due 2034 (the “notes”). The offering of the notes was upsized from the previously announced $500,000,000 in aggregate principal amount of the notes. The price to investors will be 100% of the principal amount of the notes. The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and initially will be guaranteed by all of our subsidiaries, other than our unrestricted subsidiaries. We intend to use the net proceeds from this offering (i) to purchase or redeem any and all of the outstanding aggregate principal amount of our 7.75% senior notes due 2028 and (ii) for general partnership purposes, including repaying a portion of the revolving borrowings outstanding under our senior secured credit facility. The offering of the notes is expected to settle on March 4, 2026, subject to customary closing cond...
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19.02.26 - 02:54
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Genesis Energy, L.P. Announces Increase to Previously Announced Tender Offer for its 7.750% Senior Notes due 2028 (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today, in connection with our previously announced cash tender offer (the “Tender Offer”) for our 7.750% Senior Notes due 2028 ( “Notes”), that we have increased the maximum aggregate principal amount of Notes that we will accept for purchase in the Tender Offer from $490 million to any and all of the Notes on the terms and conditions of the offer to purchase, dated as of February 18, 2026; and, as a result, there is no longer a limit on the maximum amount of Notes that we will purchase in the Tender Offer, acceptances of tendered Notes shall no longer be subject to proration, and we will accept any additional Notes tendered by holders after the Early Tender Deadline (as defined below) (as amended by the terms set forth herein, the “Offer to Purchase”).
Notes validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on March 3, 2026, unless extended (such time and date as the same may be extende...
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18.02.26 - 14:18
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Genesis Energy, L.P. Announces Tender Offer for Up to $490 million Aggregate Principal Amount of Its 7.750% Senior Notes Due 2028 (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced the commencement of a cash tender offer to purchase up to $490 million (the “Tender Cap”) of the outstanding aggregate principal amount of the 7.750% senior notes due 2028 (the “Notes”) that we co-issued with our subsidiary, Genesis Energy Finance Corporation (such transaction, the “Tender Offer”). As of February 18, 2026, $679,360,000 aggregate principal amount of the Notes were outstanding. The Tender Offer is being made pursuant to the terms and conditions of an offer to purchase, dated as of February 18, 2026 (as may be amended or supplemented from time to time, the “Offer to Purchase”).
Notes validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on March 3, 2026, unless extended (such time and date as the same may be extended the “Early Tender Deadline”), will be eligible to receive a purchase price of $1,001.25 per $1,000 principal amount of Notes tendered, including an e...
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18.02.26 - 14:12
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Genesis Energy, L.P. Announces Public Offering of Senior Notes (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $500,000,000 in aggregate principal amount of senior notes due 2034 (the “notes”). The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and initially will be guaranteed by all of our subsidiaries, other than our unrestricted subsidiaries. We intend to use the net proceeds from this offering (i) to purchase or redeem up to $490 million aggregate principal amount of our outstanding 7.75% senior notes due 2028 (or such lesser aggregate principal amount of such notes that could be acquired with the net cash proceeds of this offering) and (ii) for general partnership purposes, including repaying a portion of the revolving borrowings outstanding under our senior secured credit facility.
BofA Securities is leading the offering along with several joint book-running managers and co-managers. A copy o...
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