SemGroup Completes $250 Million Bond Offering

SemGroup, L.P. today announced the closing of its bond offering of $250 million principal amount of 8.75 percent Senior Notes that mature November 15, 2015. Banc of America Securities LLC was the sole lead manager for the sale.

SemGroup, L.P., is a privately held midstream company providing the energy industry means to move products from the wellhead to the wholesale marketplace. The company has five main energy stream business markets – crude oil, refined petroleum products, natural gas, natural gas liquids and asphalt – and serves them through its various subsidiaries in the United States, Canada, Mexico, the United Kingdom and Switzerland.

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