Blue Racer Midstream Looks to Raise Another $300M from IOUs

Last November Blue Racer Midstream–the pipeline and processing plant company formed in 2012 as a joint venture between Caiman Energy II and Dominion and focused totally on the Marcellus and Utica Shale region–floated IOUs (called senior notes) due and payable in 2022 for $550 million. Must be nice to write out an IOU and get big bucks. Blue Racer is back for more. The company announced yesterday they’re floating another round of IOUs due payable in 2022 in an effort to raise another $300 million…

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