Crestwood Equity Partners Extends Exchange Offer

Crestwood Equity Partners LP, an owner and operator of midstream assets, has extended the expiration date of its offer to exchange up to $500 million of new 5.75% senior notes due 2025 for an equal amount of outstanding unregistered 5.75% senior notes due 2025.

As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on July 21, unless further extended. The exchange offer was originally set to expire at 12:00 midnight, New York City time, on July 19. As of this date, tenders of approximately $272.2 million aggregate principal amount, or 54.4%, of the old notes have been received pursuant to the exchange offer.

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