USA Compression Partners, LP Announces Launch of $750.0 Million Offering of Senior Notes
DALLAS, September 15, 2025-USA Compression Partners, LP (NYSE: USAC) (the "Partnership") today announced that, subject to market and other conditions, it intends to offer, with its wholly-owned subsidiary, USA Compression Finance Corp., $750.0 million in aggregate principal amount of senior unsecured notes due 2033 in a private placement to eligible purchasers.
The Partnership intends to use the net proceeds from the offering, together with borrowings under its credit agreement, for the redemption of all of its 6.875% senior notes due 2027 (the "Senior Notes 2027") and to pay the fees and expenses incurred in connection with this offering and the redemption of the Senior Notes 2027. Pending the use of the net proceeds to fund a portion of the redemption of the Senior Notes 2027, the Partnership may temporarily apply such net proceeds to repay outstanding borrowings under its credit agreement.
The notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any other jurisdiction. Unless they are registered, the notes may be offered only in transactions that are exempt from registration under the Securities Act and applicable state securities laws. The notes are being offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and to non-U.S. persons outside the United States under Regulation S of the Securities Act. The notes will not be listed on any securities exchange or automated quotation system.