Archrock, Inc. Announces Tender Offer for Outstanding Notes

HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its affiliates, Archrock Partners, LP and Archrock Partners Finance Corp. (collectively, the “Bidders”), have commenced a tender offer to purchase for cash up to $200,000,000 of the outstanding aggregate principal amount of the Bidders’ 6.875% Senior Unsecured Notes due 2027 (the “Notes”), on the terms and subject to the conditions set forth in the Offer to Purchase, dated August 12, 2024 (as amended or supplemented from time to time, the “Offer to Purchase”) (the “Tender Offer”).

Notes validly tendered and not validly withdrawn on or prior to 5:00 p.m., New York City time, on August 23, 2024 (the “Early Tender Deadline”) will be eligible for a purchase price of $1,009.00 per $1,000 principal amount of Notes tendered, including an early tender payment of $30.00 per $1,000 principal amount of Notes tendered. Notes validly tendered and not validly withdrawn after the Early Tender Deadline but on or prior to 5:00 p.m., New York City time, on September 10, 2024 (the “Expiration Time”) will be eligible for a purchase price of $979 per $1,000 principal amount of Notes tendered. Tenderers will also receive accrued and unpaid interest from the last interest payment date to, but not including, the applicable settlement date.