Business Wire·Feb 18, 2026, 8:13 AM ET

Genesis Energy, L.P. Announces Tender Offer for Up to $490 million Aggregate Principal Amount of Its 7.750% Senior Notes Due 2028

Genesis Energy, L.P. announced a cash tender offer to purchase up to $490 million of its 7.750% senior notes due 2028.
As of February 18, 2026, $679.36 million in aggregate principal amount of the notes was outstanding.
Notes tendered & not withdrawn by 5:00 p.m. NYC time on March 3, 2026, will receive $1,001.25 per $1,000 principal, including a $30 early tender payment.
Notes tendered after the early deadline but by 5:00 p.m. NYC time on March 18, 2026, will receive $971.25 per $1,000 principal.
Holders will receive accrued & unpaid interest from the last payment date up to, but not including, the settlement date.
Settlement for early tendered notes is expected on March 5, 2026, while settlement for later tendered notes is expected on March 20, 2026.
The tender offer is contingent on receiving net proceeds from a new senior notes offering to fund the purchase.
There is no minimum tender amount required, & the company may amend, extend, or terminate the offer at its discretion.
Genesis intends to call for redemption of any remaining outstanding notes following the tender offer but has no obligation to do so.
Tendered notes can generally only be withdrawn before 5:00 p.m. NYC time on March 3, 2026, unless extended.
BofA Securities, Inc. serves as the Dealer Manager, & D.F. King & Co., Inc. acts as the Tender Agent.
This announcement does not constitute a notice of redemption or a recommendation to tender notes.