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Stock impact report

NGL Energy Partners Reshapes Balance Sheet With New Loan And Buyback [Yahoo! Finance]

NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL) 
Last ngl energy partners lp common units representing limited partner interests earnings: 2/6 06:30 am Check Earnings Report
US:NYSE Investor Relations: nglenergypartners.com/investor-relations
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. NGL Energy Partners (NYSE:NGL) closed a new US$950 million senior secured term loan as part of a broad capital restructuring. The partnership repurchased its Class D Preferred Units and amended its revolving credit facility to simplify its balance sheet. These changes are intended to optimize NGL's capital structure and affect its financial flexibility and funding profile. NGL Energy Partners operates in the midstream energy space, focusing on services tied to production, storage, transportation, and related activities. For investors, capital structure choices can be as important as operational performance because they influence how resilient a company may be through different industry conditions and financing cycles. This latest refinancing and preferred equity repurchase provide updated information about how NGL Energy Partners is arranging its obligatio Show less Read more
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