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Apr 26, 2018
EMG Utica, LLC – Update to Credit Analysis – Steady Utica Volumes will Help Maintain Low LeverageEMG Utica LLC (EMG Utica) is constrained by its concentration in Utica region, structural complexity arising from the holdco structure and the small size and scale of the MarkWest Utica EMG, L.L.C (JV). EMG Utica’s ability to service its debt is dependent on the performance and distributions from the JV, which the borrower does not ...
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Apr 17, 2018
Jupiter to List on ASX and Announces Tshipi Year-End ResultsJupiter Mines Limited (ASX: JMS) (“Jupiter” or the “Company”) is pleased to announce the listing of the Company on the Australian Securities Exchange (“ASX”). Jupiter’s Board and Management will ring the ASX bell in Sydney on Wednesday 18 April to commence trading in Jupiter shares at 11am (AEST).
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Mar 28, 2018
Crowley Loads First LNG into ISO Tank Container at Eagle LNG Partners’ New PlantCrowley Maritime Corporation’s LNG group has successfully executed the first loading of nearly 11,000 gallons of liquefied natural gas (LNG) into an ISO tank container at the new Eagle LNG Partners liquefaction facility located near Jacksonville, Fla.
Crowley loaded LNG into the ISO container and delivered it over the road to the Port of Jacksonville for ocean transport to ...
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Mar 26, 2018
Tallgrass Energy Announces Agreement for Tallgrass Energy GP to Acquire Tallgrass Energy Partners; Announces Increased Quarterly Distributions at TEGP and TEP
TEP public unitholders will receive 2.0 TEGP Class A shares for each outstanding TEP common unit; the exchange ratio represents an approximate 10 percent premium to the 30-trading day volume weighted average exchange ratio prior to the company’s Feb. 7 acquisitions and restructuring announcements
Proposed transaction will result in no distribution cut to TEP unitholders, and will ...
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Jan 18, 2018
EMG Utica ‘B’ Rating Affirmed, Outlook Stable; Senior Debt Rating Raised To ‘B+’ On Improved Recovery ExpectationsRatingsDirect – S&P Global Ratings
Overview
Significant debt paydown in 2017 has resulted in improved financial ratio projections at EMG Utica LLC, with debt to EBITDA now expected to be in the 1.5x–2x range over the next few years. We also have increased confidence that dividend coverage ratios provide sufficient headroom to shield the company during times ...
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Oct 30, 2017
Global Infrastructure Partners Closes Medallion Gathering & Processing AcquisitionOctober 30, 2017 16:14 ET | Source: Global Infrastructure Partners.
NEW YORK, Oct. 30, 2017 (GLOBE NEWSWIRE) — Global Infrastructure Partners (GIP) announced today that it has closed on the previously announced acquisition of Medallion Gathering & Processing, LLC (Medallion). GIP purchased Medallion from an affiliate of The Energy & Minerals Group (EMG), 51% owner, and an affiliate of ...
