UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 7.01 | Regulation FD Disclosure |
As previously announced, on November 10, 2020, Summit Midstream Partners, LP, a Delaware limited partnership (the “Partnership”), commenced an offer to purchase (the “Tender Offer”) for cash up to $25,000,000.00 aggregate purchase price of its 9.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”).
On December 10, 2020, the Partnership amended the Tender Offer to (i) extend the expiration date of the Tender Offer to 11:59 p.m., New York City time, on Wednesday, December 23, 2020, unless the Partnership further extends the Tender Offer or terminates it earlier, and (ii) increase the consideration for the Series A Preferred Units tendered and accepted for purchase pursuant to the Tender Offer from $250.00 per Series A Preferred Unit to $333.00 per Series A Preferred Unit. As of December 9, 2020, based on information provided by D.F. King & Co., Inc., the tender and information agent of the Tender Offer, 24,257 Series A Preferred Units had been validly tendered and not properly withdrawn in the Tender Offer. A copy of the related press release is filed herewith as Exhibit 99.1 and incorporated herein by reference.
The information furnished in this Item 7.01 shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “1934 Act”), and shall not be deemed incorporated by reference in any filing with the Securities and Exchange Commission, whether or not filed under the Securities Act of 1933 or the 1934 Act, regardless of any general incorporation language in such document.
Item 9.01 | Financial Statements and Exhibits |
(d) | Exhibits |
Exhibit |
Description | |
99.1 | Press Release, dated December 10, 2020. | |
104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. |
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.
Summit Midstream Partners, LP | ||||||
(Registrant) | ||||||
By: Summit Midstream GP, LLC (its general partner) | ||||||
Dated: December 10, 2020 | /s/ Marc D. Stratton | |||||
Marc D. Stratton, Executive Vice President and Chief Financial Officer |