Southern Col MidCo, LLC
Overview
| Deal Type |
Private Placement |
|---|---|
| Size |
$170 Million Senior Secured Notes |
| Client & Transactional Partners |
Southern Col MidCo, LLC |
| Our Role |
Joint Lead Placement Agent |
Summary
On September 15, 2022, Southern Col MidCo, LLC (Summit or the Company) closed on $170 million of privately placed 10-year Senior Secured Notes. The Company will use the proceeds to refinance short term debt. KeyBanc Capital Markets acted as Joint Lead Placement Agent on the transaction.
Summit owns natural gas distribution and transmission subsidiaries that operate in Arkansas, Colorado, Maine, Missouri, Oklahoma, and Texas. The Company provides safe, clean and affordable natural gas to businesses and residents through Arkansas, Oklahoma Gas, Colorado Natural Gas, Summit Natural Gas of Maine, Summit Natural Gas of Missouri, Summit Utilities of Arkansas, and Summit Utilities of Oklahoma.
