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Breitburn Energy Partners LP Message Board

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  • rlbeard6734 rlbeard6734 Sep 23, 2010 11:29 AM Flag

    Debt Offering: Collingwoood Utica

    from an earlier release that they are looking for buying opportunities, it is doubtful to me that this separation is to make it easier to sell but only to reduce BBEP corp liability, the credit facility is more than likely still tied to BBEP also as a guarantor. It is similar to real estate adventures forming multiple LLPs to avoid loss of whole basket on one liability claim. imo

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