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ONEOK spent $2.6 billion to buy Medallion Midstream from Global Infrastructure Partners. And Kinetik purchased Durango Permian for $765 million from an affiliate of Morgan Stanley Energy Partners.
The acquisition was funded by a $6.5 billion secured term loan, a $500 million revolving credit facility, a $3 billion unsecured loan and $3 billion of secured loans. Morgan Stanley and X did not ...
Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 billion including debt ...