Aris Water Solutions (ARIS), through a subsidiary, disclosed plans for a $400 million offering of senior notes due 2030.
The utility company is expecting to use net proceeds from the upcoming offering, together with cash on hand, to redeem all of its outstanding 7.625% senior notes maturing in 2026 at par, plus any accrued but unpaid interest through March 31, the day before the tentative redemption date.
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