Genesis Energy LP Launches $490 Million Tender Offer for 2028 Senior Notes

Genesis Energy, L.P. +0.58%

Genesis Energy, L.P.

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Genesis Energy LP has launched a cash tender offer to buy up to $490 million of its outstanding 7.750% senior notes due 2028, which total about $679.36 million outstanding. Holders who tender by March 3, 2026 will receive $1,001.25 per $1,000 principal amount, while notes tendered by March 18, 2026 will receive $971.25, plus accrued interest. The offer is contingent on Genesis obtaining financing from one or more new senior notes offerings, and the company said it currently intends to redeem any remaining notes after the tender.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genesis Energy LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20260218551469) on February 18, 2026, and is solely responsible for the information contained therein.