Crestwood announces private placement of common units by first reserve

Houston--(business wire)--crestwood equity partners lp (nyse: ceqp) (“crestwood”) today announced that crestwood gas services holdings llc, a company controlled by an investment fund sponsored by first reserve, has priced a private placement of six million common units representing limited partner interests of crestwood for gross proceeds of $132 million. the private placement is expected to close march 30, 2021, subject to customary closing conditions. crestwood is not selling any common units
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