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El Paso and GIP launch Ruby bank/bond refinancing

03 November 2011

Read more: [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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