DALLAS--(BUSINESS WIRE)--Blue Racer Midstream, LLC today announced that, due to the current unfavorable conditions in the debt capital markets, it has decided to withdraw its proposed offering of senior notes due 2025. As a result of its decision not to proceed with its Notes Offering, Blue Racer has also determined to terminate its previously announced cash tender offer to purchase up to $400.0 million aggregate principal amount of its 6.125% senior notes due 2022. Blue Racer’s obligation to consummate the Tender Offer was conditioned upon the completion of the proposed Notes Offering. Accordingly, as this financing condition will not be satisfied, Blue Racer formally terminates the Tender Offer. Any 2022 Notes that have been tendered will be promptly returned to holders.