Andeavor Logistics LP, founded in 2014 and headquartered in San Antonio, Texas, serves as a vital infrastructure provider in the transportation and logistics sector. The company primarily focuses on the operation of crude oil and refined product pipelines and terminals, catering to the energy industry.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ANDX 4.25% 2027-12-01 USDAndeavor Logistics LP | United States | 2027-12-01 | 4.250 | 5.25 |
| ANDX 5.20% 2047-12-01 USDAndeavor Logistics LP | United States | 2047-12-01 | 5.200 | 7.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Andeavor Logistics LP has issued bonds to finance its strategic growth initiatives, with notable bond offerings commencing in 2015. A significant issuance occurred in 2017, when the company raised $1.5 billion in senior notes to help fund its acquisition of Midstream assets. As of 2023, Andeavor's bonds are yielding in line with industry averages, benefiting from strong operational fundamentals, though recent news suggests volatility due to fluctuating energy prices.