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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 1/16/20 Genesis Energy LP 8-K:1,8,9 1/16/20 14:939K Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 38K 2: EX-4.2 Instrument Defining the Rights of Security Holders HTML 519K 3: EX-5.1 Opinion of Counsel re: Legality HTML 28K 4: EX-5.2 Opinion of Counsel re: Legality HTML 23K 5: EX-5.3 Opinion of Counsel re: Legality HTML 17K 11: R1 Document and Entity Information HTML 49K 9: XML IDEA XML File -- Filing Summary XML 13K 14: XML XBRL Instance -- d873008d8k_htm XML 14K 10: EXCEL IDEA Workbook of Financial Reports XLSX 6K 7: EX-101.LAB XBRL Labels -- gel-20200116_lab XML 56K 8: EX-101.PRE XBRL Presentations -- gel-20200116_pre XML 35K 6: EX-101.SCH XBRL Schema -- gel-20200116 XSD 13K 13: JSON XBRL Instance as JSON Data -- MetaLinks 12± 19K 12: ZIP XBRL Zipped Folder -- 0001193125-20-009086-xbrl Zip 114K
8-K |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM i 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): i January 16, 2020
GENESIS ENERGY, L.P.
(Exact name of registrant as specified in its charter)
i Delaware |
i 1-12295 |
i 76-0513049 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
i 919 Milam, i Suite 2100, i Houston, i Texas |
i 77002 | |||
(Address of principal executive offices) |
(Zip Code) |
i (713) i 860-2500
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
i ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
i ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12) |
i ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
i ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
i Common Units |
i GEL |
i NYSE |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 | Entry into a Material Definitive Agreement. |
As previously reported in a Current Report on Form 8-K, on January 9, 2020, Genesis Energy, L.P. (“Genesis”), Genesis Energy Finance Corporation (together with Genesis, the “Issuers”) and certain subsidiary guarantors of Genesis entered into an Underwriting Agreement (the “Underwriting Agreement”) with BMO Capital Markets Corp., as representative of the group of underwriters named in the Underwriting Agreement, pursuant to which the Issuers agreed to sell $750 million in aggregate principal amount of 7.750% senior unsecured notes due 2028 (the “Notes”), guaranteed by certain subsidiary guarantors of Genesis (the “Guarantees” and, together with the Notes, the “Securities”). Genesis intends to use the net proceeds from the offering to fund the purchase price and accrued and unpaid interest for all of its 6.750% senior unsecured notes due 2022 (the “2022 Notes”) validly tendered and accepted for payment in its concurrent cash tender offer (the “Tender Offer”) and the redemption price and accrued and unpaid interest for any 2022 Notes that remain outstanding after the Tender Offer. The offering closed on January 16, 2020.
The terms of the Securities are governed by an Indenture (the “Base Indenture”) among the Issuers, the subsidiary guarantors party thereto, and U.S. Bank National Association, as trustee (the “Trustee”), dated as of May 21, 2015, as supplemented by the Fourteenth Supplemental Indenture thereto (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), dated as of January 16, 2020, among the Issuers, the subsidiary guarantors party thereto, and the Trustee. The Notes are senior unsecured obligations of the Issuers and rank equal in right of payment with all of Genesis’ other existing and future senior unsecured indebtedness, including $400 million aggregate principal amount of the Issuers’ 6.000% senior notes due 2023, $350 million aggregate principal amount of the Issuers’ 5.625% senior notes due 2024, $550 million aggregate principal amount of the Issuers’ 6.500% senior notes due 2025, and $450 million aggregate principal amount of the Issuers’ 6.250% senior notes due 2026. The Guarantees are senior unsecured obligations of the subsidiary guarantors and rank equal in right of payment with the existing and future senior unsecured indebtedness of the subsidiary guarantors. Interest on the Notes will accrue at a rate of 7.750% per year and is payable on February 1 and August 1 of each year, beginning on August 1, 2020. The Notes will mature on February 1, 2028. The terms of the Notes are further described in the Prospectus Supplement dated January 9, 2020, relating to the Securities, filed with the SEC pursuant to Rule 424(b) of the Securities Act of 1933, as amended.
This summary of the Base Indenture and the Supplemental Indenture is qualified in its entirety by reference to the full text of the Base Indenture, a copy of which is incorporated by reference as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated into this Item 1.01 by reference, and the Supplemental Indenture, including the form of the Notes, a copy of which is filed as Exhibit 4.2 to this Current Report on Form 8-K and is incorporated into this Item 1.01 by reference.
Item 8.01. | Other Events. |
Genesis is filing the exhibits in Item 9.01 of this Current Report on Form 8-K in connection with the offering of the Securities. The Securities have been registered under the Securities Act of 1933, as amended, pursuant to Genesis’ effective Registration Statement on Form S-3 (Registration No. 333-224380), as amended, as supplemented by the Prospectus Supplement dated January 9, 2020, relating to the offering of the Securities, filed with the SEC pursuant to Rule 424(b) of the Securities Act.
2
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
The following materials are filed as exhibits to this Current Report on Form 8-K.
Exhibit Number |
Description | |||
4.1 |
||||
4.2 |
||||
5.1 |
Opinion of Akin Gump Strauss Hauer & Feld LLP regarding the legality of the specified Securities. | |||
5.2 |
||||
5.3 |
Opinion of Law Office of John Foster Tyra, PC, concerning certain matters of Alabama law. | |||
23.1 |
Consent of Akin Gump Strauss Hauer & Feld LLP (included in Exhibit 5.1). | |||
23.2 |
Consent of Liskow & Lewis, A Professional Law Corporation (included in Exhibit 5.2). | |||
23.3 |
Consent of Law Office of John Foster Tyra, PC (included in Exhibit 5.3). | |||
104 |
Cover Page Interactive Data File (formatted as Inline XBRL). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GENESIS ENERGY, L.P. (a Delaware limited partnership) | ||||||
By: |
GENESIS ENERGY, LLC, as its sole general partner | |||||
Date: January 16, 2020 |
By: |
/s/ Robert V. Deere | ||||
Chief Financial Officer |
This ‘8-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
2/1/28 | ||||
8/1/20 | ||||
Filed on / For Period end: | 1/16/20 | |||
1/9/20 | 8-K | |||
5/21/15 | 8-K | |||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/23/24 Genesis Energy LP 10-K 12/31/23 142:21M 2/24/23 Genesis Energy LP 10-K 12/31/22 144:22M 2/24/22 Genesis Energy LP 10-K 12/31/21 144:60M 3/01/21 Genesis Energy LP 10-K 12/31/20 143:17M 12/14/20 Genesis Energy LP 424B5 1:1.4M Donnelley … Solutions/FA 12/10/20 Genesis Energy LP 424B5 1:1.4M Donnelley … Solutions/FA |