S-4/A 1 d138852ds4a.htm S-4/A S-4/A

As filed with the Securities and Exchange Commission on April 12, 2016

Registration No. 333-210000

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

AMENDMENT NO. 1

TO

FORM S-4

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

CRESTWOOD MIDSTREAM PARTNERS LP*

CRESTWOOD MIDSTREAM FINANCE CORP.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware

Delaware

  

4922

4922

  

20-1647837

46-1429970

(State or other jurisdiction

of incorporation)

  

(Primary Standard Industrial

Classification Code Number)

  

(IRS Employer

Identification No.)

 

 

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

 

Robert T. Halpin

700 Louisiana, Suite 2550

Houston, Texas 77002

(832)-519-2200

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

 

With a copy to:

Gillian A. Hobson

Vinson & Elkins L.L.P.

1001 Fannin, Suite 2500

Houston, Texas 77002

(713) 758-2222

 

 

Approximate date of commencement of proposed exchange offer: As soon as practicable after this Registration Statement is declared effective.

If the securities being registered on this form are being offered in connection with the formation of a holding company and there is compliance with General Instruction G, please check the following box.  ¨

If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer   ¨    Accelerated filer   x
Non-accelerated filer   ¨  (Do not check if a smaller reporting company)    Smaller reporting company   ¨

If applicable, place an X in the box to designate the appropriate rule provision relied upon in conducting this transaction:

Exchange Act Rule 13e-4(i) (Cross-Border Company Tender Offer)  ¨

Exchange Act Rule 14d-1(d) (Cross Border Third-Party Tender Offer)  ¨

 

 

The Registrants hereby amend this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrants shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act, or until the Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.

 

* Includes certain subsidiaries of Crestwood Midstream Partners LP identified on the following page.

 

 

 

Table of Additional Registrants

Additional Registrants (as Guarantors of 6.25% Senior Notes due 2023)

 

Exact Name of Registrant as Specified in its Charter

(or Other Organizational Document)

   

State or Other
Jurisdiction of
Incorporation  or
Organization

   

I.R.S.
Employer
Identification
Number

   

Address, Including Zip Code, and
Telephone Number, Including Area

Code,
of Principal
Executive Offices

Arlington Storage Company, LLC

    Delaware    26-1179687   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Arrow Field Services, LLC

    Delaware    27-0472066   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Arrow Midstream Holdings, LLC

    Delaware    80-0298512   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Arrow Pipeline, LLC

    Delaware    94-3454611   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Arrow Water, LLC

    Delaware    27-1000169   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

CMLP Tres Manager LLC

    Delaware    47-2136466   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

CMLP Tres Operator LLC

    Delaware    47-2136725   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Cowtown Gas Processing Partners L.P.

    Texas    86-1165664   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Cowtown Pipeline Partners L.P.

    Texas    86-1165661   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Appalachia Pipeline LLC

    Texas    45-4102847   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Arkansas Pipeline LLC

    Texas    27-5413868   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Crude Logistics LLC

    Delaware    30-0585080   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Crude Services LLC

    Delaware    46-5595720   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Crude Terminals LLC

    Delaware    27-4762190   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Crude Transportation LLC

    Delaware    38-3927716   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Dakota Pipelines LLC

    Delaware    27-4761975   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Gas Marketing LLC

    Delaware    70-620818   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Gas Services Operating GP LLC

    Delaware    39-2051802   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Gas Services Operating LLC

    Delaware    39-2051803   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Marcellus Midstream LLC

    Delaware    45-4623727   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Exact Name of Registrant as Specified in its Charter

(or Other Organizational Document)

   

State or Other
Jurisdiction of
Incorporation  or
Organization

   

I.R.S.
Employer
Identification
Number

   

Address, Including Zip Code, and
Telephone Number, Including Area

Code,
of Principal
Executive Offices

Crestwood Marcellus Pipeline LLC

    Delaware    45-4622133   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Midstream Operations LLC

    Delaware    37-1709059   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood New Mexico Pipeline LLC

    Texas    27-5328296   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Ohio Midstream Pipeline LLC

    Delaware    46-2279892   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Operations LLC

    Delaware    45-5233794   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Panhandle Pipeline LLC

    Texas    27-5413782   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Pipeline East LLC

    Delaware    27-1995912   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Pipeline LLC

    Texas    27-5413970   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Sabine Pipeline LLC

    Texas    26-4566870   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Sales & Service Inc.

    Delaware    43-1931522   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Services LLC

    Delaware    37-1692565   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Storage Inc.

    Delaware    20-3143861   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood Transportation LLC

    Delaware    43-1905384   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Crestwood West Coast LLC

    Delaware    38-3875473   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

E. Marcellus Asset Company, LLC

    Delaware    46-2362188   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Finger Lakes LPG Storage, LLC

    Delaware    20-3143796   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Sabine Treating, LLC

    Texas    27-1183772   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Stagecoach Pipeline & Storage Company LLC

    New York    76-0519844   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Stellar Propane Service, LLC

    Delaware    86-1123848   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

US Salt, LLC

    Delaware    59-3525498   

700 Louisiana Street, Suite 2550

Houston, Texas 77002
(832) 519-2200

Explanatory Note

The Registrants are filing this Amendment No. 1 (the “Amendment”) to the Registration Statement on Form S-4 (Registration Statement No. 333-210000), originally filed on March 7, 2016 (the “Registration Statement”), as an exhibit-only filing to file the opinion of Vinson & Elkins L.L.P. (the “Opinion”) filed herewith as Exhibit 5.1 in order to update the Opinion originally filed with the Registration Statement. Accordingly, the Amendment consists only of the facing page, this explanatory note, Item 21 of Part II of the Registration Statement, the signature pages to the Registration Statement, the exhibit index and the Opinion filed herewith as Exhibit 5.1. The prospectus and the balance of Part II of the Registration Statement are unchanged and have been omitted.

Item 21. Exhibits and Financial Statement Schedules.

The exhibits required to be filed pursuant to the requirements of Item 601 of Regulation S-K are set forth in the Index to Exhibits accompanying this registration statement.

 

II-1

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned registrant has duly caused this Registration Statement on Form S-4 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Houston, State of Texas, on the 12th day of April, 2016.

 

CRESTWOOD MIDSTREAM PARTNERS LP
By:   Crestwood Midstream GP LLC,
  its general partner
By:  

/s/ Robert Halpin

  Robert Halpin
  Senior Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-4 has been signed by the following persons in the capacities indicated on the 12th day of April, 2016.

 

Name

   

Title

*

    President, Chief Executive Officer and Director of
Robert G. Phillips    Crestwood Midstream GP LLC
   (Principal Executive Officer)

/s/ Robert Halpin

    Senior Vice President and Chief Financial Officer
Robert Halpin    of Crestwood Midstream GP LLC
   (Principal Financial Officer)

*

    Senior Vice President and Chief Accounting Officer
Steven M. Dougherty    of Crestwood Midstream GP LLC
   (Principal Accounting Officer)

 

*By:  

/s/ Robert Halpin

  Robert Halpin
  Attorney-in-Fact

 

II-2

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned registrant has duly caused this Registration Statement on Form S-4 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Houston, State of Texas, on the 12th day of April, 2016.

 

CRESTWOOD MIDSTREAM FINANCE CORP.
By:  

/s/ Robert Halpin

  Robert Halpin
  Senior Vice President and Chief Financial Officer

Power of Attorney

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-4 has been signed by the following persons in the capacities indicated on the 12th day of April, 2016.

 

Name

   

Title

*

    President, Chief Executive Officer
Robert G. Phillips    (Principal Executive Officer)

/s/ Robert Halpin

    Senior Vice President and Chief Financial Officer
Robert Halpin    (Principal Financial Officer)

*

    Senior Vice President and Chief Accounting Officer
Steven M. Dougherty    (Principal Accounting Officer)

 

*By:  

/s/ Robert Halpin

  Robert Halpin
  Attorney-in-Fact

 

II-3

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, each undersigned registrant has duly caused this Registration Statement on Form S-4 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Houston, State of Texas, on the 12th day of April, 2016.

 

  ARLINGTON STORAGE COMPANY, LLC
  ARROW FIELD SERVICES, LLC
  ARROW MIDSTREAM HOLDINGS, LLC
  ARROW PIPELINE, LLC
  ARROW WATER, LLC
  CMLP TRES MANAGER LLC
  CMLP TRES OPERATOR LLC
  COWTOWN GAS PROCESSING PARTNERS L.P.
  COWTOWN PIPELINE PARTNERS L.P.
  CRESTWOOD APPALACHIA PIPELINE LLC
  CRESTWOOD ARKANSAS PIPELINE LLC
  CRESTWOOD CRUDE LOGISTICS LLC
  CRESTWOOD CRUDE SERVICES LLC
  CRESTWOOD CRUDE TERMINALS LLC
  CRESTWOOD CRUDE TRANSPORTATION LLC
  CRESTWOOD DAKOTA PIPELINES LLC
  CRESTWOOD GAS MARKETING LLC
  CRESTWOOD GAS SERVICES OPERATING GP LLC
  CRESTWOOD GAS SERVICES OPERATING LLC
  CRESTWOOD MARCELLUS MIDSTREAM LLC
  CRESTWOOD MARCELLUS PIPELINE LLC
  CRESTWOOD MIDSTREAM OPERATIONS LLC
  CRESTWOOD NEW MEXICO PIPELINE LLC
  CRESTWOOD OHIO MIDSTREAM PIPELINE LLC
  CRESTWOOD OPERATIONS LLC
  CRESTWOOD PANHANDLE PIPELINE LLC
  CRESTWOOD PIPELINE EAST LLC
  CRESTWOOD PIPELINE LLC
  CRESTWOOD SABINE PIPELINE LLC
  CRESTWOOD SALES & SERVICES INC.
  CRESTWOOD SERVICES LLC
  CRESTWOOD STORAGE INC.
  CRESTWOOD TRANSPORTATION LLC
  CRESTWOOD WEST COAST LLC
  E. MARCELLUS ASSET COMPANY, LLC
  FINGER LAKES LPG STORAGE, LLC
  SABINE TREATING, LLC
  STAGECOACH PIPELINE & STORAGE COMPANY LLC
  STELLAR PROPANE SERVICE, LLC
  US SALT, LLC

 

          By:   

/s/ Robert Halpin

     Robert Halpin
     Senior Vice President and Chief Financial Officer

 

II-4

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-4 has been signed by the following persons in the capacities indicated on the 12th day of April, 2016.

 

Name

   

Title

*

    President, Chief Executive Officer
Robert G. Phillips    (Principal Executive Officer)

/s/ Robert Halpin

    Senior Vice President and Chief Financial Officer
Robert Halpin    (Principal Financial Officer)

*

    Senior Vice President and Chief Accounting Officer
Steven M. Dougherty    (Principal Accounting Officer)

 

*By:  

/s/ Robert Halpin

  Robert Halpin
  Attorney-in-Fact

 

II-5

Index to Exhibits

 

Exhibit
Number

   

Description

  2.1    Agreement and Plan of Merger, dated as of May 5, 2015, by and among Crestwood Equity Partners LP, Crestwood Equity GP LLC, CEQP ST SUB LLC, MGP GP, LLC, Crestwood Midstream Holdings LP, Crestwood Midstream Partners LP, Crestwood Midstream GP LLC and Crestwood Gas Services GP LLC (incorporated by reference to Exhibit 2.1 to Form 8-K filed May 6, 2015).
  4.1    Indenture, dated as of March 23, 2015, among Crestwood Midstream Partners LP, Crestwood Midstream Finance Corp., the guarantors named therein and U.S. Bank National Association, as trustee (incorporated herein by reference to Exhibit 4.1 to CMLP’s Form 8-K filed on March 26, 2015).
  4.2    Registration Rights Agreement, dated as of March 23, 2015, by and among Crestwood Midstream Partners LP, Crestwood Midstream Finance Corp., the guarantors named therein and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representative of the several initial purchasers, with respect to the 6.25% Senior Notes due 2023 (incorporated herein by reference to Exhibit 4.3 to CMLP’s Form 8-K filed on March 26, 2015).
  4.3    Form of 6.25% Senior Note due 2023 (included in Exhibit 4.1).
  4.4    Supplemental Indenture, dated as of March 4, 2016, among Crestwood Midstream Partners LP, Crestwood Midstream Finance Corp., the guarantors named therein and U.S. Bank National Association, as trustee (incorporated herein by reference to Exhibit 4.3 to CMLP’s Form 8-K filed on March 7, 2016).
  5.1*    Opinion of Vinson & Elkins L.L.P.
12.1**    Computation of ratio of earnings to fixed charges
21.1**    List of subsidiaries of Crestwood Midstream Partners LP
23.1**    Consent of Ernst & Young LLP
23.2*    Consent of Vinson & Elkins L.L.P. (contained in Exhibit 5.1)
24.1**    Powers of Attorney
25.1**    Statement of Eligibility on Form T-1 of U.S. Bank National Association
99.1**    Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees
99.2**    Form of Letter to Clients
99.3**    Form of Notice of Guaranteed Delivery

 

* Filed herewith.
** Previously filed.

 

II-6