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El Paso and GIP launch Ruby bank/bond refinancing
03 November 2011
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[ruby]
[kinder morgan]
[el paso]
[global infrastructure partners]
[pg&e]
El Paso Corporation and Global Infrastructure Partners have launched the $1.425 billion bank and bond refinancing of the Ruby pipeline. The financing is likely to break down into $1.075 billion of bonds with a variety of maturities, and a $350 million five-year amortising bank loan. The debt is expected to price before the end of the week, and...
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