The divestiture of the Refined Products Terminals, located in Caddo Mills, Texas and North Little Rock, Arkansas, US, is a continuation of the partnership's previously announced non-core asset divestiture program. The proceeds of this sale will go toward reducing indebtedness under the partnership's revolving credit facility.
Barclays acted as exclusive financial advisor and Sidley Austin LLP served as legal counsel to American Midstream for the refined products transaction.
