Home | Business News | Browse by Publication | M | Mergers & Acquisitions Business

Exterran Partners Agrees to Acquire Additional Assets from Exterran Holdings and Receives Commitment for New Asset-Backed Securitization Facility.

Publication: Mergers & Acquisitions Business
Publication Date: 21-OCT-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Exterran Holdings, Inc. (NYSE: EXH) and Exterran Partners, L.P. (NASDAQ: EXLP) announced a transaction between the two parties and a financing commitment for a new asset-backed securitization facility for Exterran Partners.

Exterran Partners has agreed to acquire contracts serving 18 customers from Exterran Holdings and its affiliates, together with approximately 900 compressor units used to provide compression services under those contracts, comprising approximately 273,000 horsepower. The transaction will include approximately 6% (by available horsepower) of the combined U.S. contract operations business of Exterran Holdings and Exterran Partners. The transaction, which is subject to standard closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976,...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mergers & Acquisitions Business
Alvarez & Marsal Transaction Advisory Group Continues to Expand Nation..., October 21, 2009
New Mexico Power Project Applies to Use State of the Art Carbon Captur..., October 21, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.