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Articles from TransMontaigne Partners LLC

TransMontaigne Partners LLC Announces Pricing of $500 Million Senior Unsecured Notes Offering
TransMontaigne Partners LLC (“TransMontaigne”) today announced that it has priced its offering of $500 million aggregate principal amount of 8.500% senior unsecured notes due 2030 (the “Notes”) at an issue price of 100% in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes offering is expected to close on February 21, 2025, and is subject to market conditions and other factors.
By TransMontaigne Partners LLC · Via Business Wire · February 6, 2025
TransMontaigne Partners LLC Announces Closing of Extension and Repricing Amendment to Credit Facility
TransMontaigne Partners LLC (“TransMontaigne”) today announced the closing of that certain Amendment No. 4 (“Amendment No. 4”) to that certain Credit Agreement, dated as of November 17, 2021 (as amended by Amendment No. 1 to the Credit Agreement, dated as of June 9, 2023, and Amendment No. 2 to the Credit Agreement, dated as of April 15, 2024, and Amendment No. 3 to the Credit Agreement, dated as of October 28, 2024) by and among the TransMontaigne Operating Company L.P. (the “Operating Partnership”), as borrower, TransMontaigne Partners LLC, a Delaware limited liability company (“TransMontaigne Partners”), the lenders party thereto from time to time, Barclays Bank PLC, in its capacity as administrative agent for such lenders (in such capacity, the “Administrative Agent”) and in its capacity as collateral agent for the secured parties thereto, and other parties thereto (as amended, restated, amended and restated or otherwise modified prior to the date hereof, the “Existing Credit Agreement”), which provided for a (i) $150,000,000 senior secured revolving facility and (ii) $1,000,000,000 senior secured Tranche B term loan.
By TransMontaigne Partners LLC · Via Business Wire · February 5, 2025
TransMontaigne Partners LLC Announces Proposed $450 Million Senior Unsecured Notes Offering
TransMontaigne Partners LLC (“TransMontaigne”) today announced that it is proposing to issue $450 million aggregate principal amount of senior unsecured notes due 2030 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes offering is subject to market conditions and other factors.
By TransMontaigne Partners LLC · Via Business Wire · February 5, 2025
TransMontaigne Partners LLC Enters Into Agreements for the Sale of Fisher Island, Miami and Fairfax, Virginia Terminal Facilities
TransMontaigne Partners LLC (“TransMontaigne”) today announced two of its wholly owned subsidiaries have entered into separate agreements for the sale of terminal facilities on Fisher Island, Miami and in Fairfax, Virginia.
By TransMontaigne Partners LLC · Via Business Wire · January 22, 2025
TransMontaigne Appoints Randal Maffett as Chief Executive Officer
TransMontaigne Partners LLC (“TransMontaigne” or the “Company”), a leading provider of terminaling, storage, transportation and related services to the energy industry, today announced that Randal “Randy” Maffett has been appointed Chief Executive Officer of the Company, effective October 1, 2023. Fred Boutin, who has served as CEO of TransMontaigne since 2014, will become Executive Chairman of the Board of Managers (the “Board”) of TLP Acquisition Holdings, LLC.
By TransMontaigne Partners LLC · Via Business Wire · September 21, 2023
TransMontaigne Partners L.L.C. Announces the Publication of its Inaugural Sustainability Report
TransMontaigne Partners L.L.C. today announced the publication of its inaugural Sustainability Report.
By TransMontaigne Partners LLC · Via Business Wire · October 20, 2022