One-Page Deal Sheet
Morgan Stanley to Acquire Eureka Hunter Interests from ArcLight
Transaction Details: Require Private Equity Subscription
Magnum Hunter Resources Corporation has entered into a Transaction Agreement with an affiliate of Morgan Stanley Infrastructure Inc. (MSI) relating to a separate purchase agreement between MSI and Ridgeline Midstream Holdings, LLC, an affiliate of ArcLight Capital Partners, LLC, providing for the purchase by MSI of all convertible preferred and common equity interests in Eureka Hunter Holdings, LLC owned by ArcLight.
Eureka Hunter is Magnum Hunter's majority owned subsidiary through which various midstream services in West Virginia and Ohio are conducted, including the Company's Eureka…