Western Midstream closes $700M senior notes offering to refinance debt and fund Brazos acquisition

Filed June 25, 2026 · Period ending June 22, 2026 · ~1 min read

Key Changes

• high

  WES Operating completed a $700 million offering of 5.700% senior notes due 2036, priced at 99.705% of face value, to repay revolving credit facility and commercial paper borrowings.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Proceeds will repay debt incurred to fund the Brazos Delaware II acquisition and support capital expenditures and general partnership purposes.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  The indenture restricts WES Operating's ability to create liens on principal properties, engage in sale-leaseback transactions, or merge/sell substantially all assets.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →