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The Firm represented Morgan Stanley & Co. LLC and SunTrust Robinson Humphrey, Inc., as dealer managers, in connection with the tender offers to purchase for cash up to approximately $312 million of Crestwood Midstream Partners LP’s 6% Senior Notes due 2020, 6.125% Senior Notes due 2022 and 6.25% Senior Notes due 2023 (collectively, the “Notes”). The tender offers launched on May 12, 2016, with early settlement occurring on June 3, 2016. Approximately $324.8 million in aggregate principal amount of Notes were validly tendered and accepted.

Crestwood Midstream Partners LP is a wholly owned subsidiary of Crestwood Equity Partners LP, and through its operating subsidiaries, manages, owns and operates crude oil, natural gas and natural gas liquids midstream assets and operations.

The Simpson Thacher team for the transaction included Dave Azarkh and Kalliope Kefallinos (Capital Markets); and George Davis (Tax).