El Paso raises $244 million from asset sales, will go to debt
Petroleum News
El Paso Corp. raised $244 million through asset sales that included 9.9 percent of its interest in GulfTerra Energy Partners L.P. to New York investment bank Goldman Sachs, El Paso said Oct. 3. The company said it would use the proceeds to pay down debt.
Goldman Sachs, in a separate transaction, pur....
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