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CVR Refining LP announces closing of public offering of common units

Monday, 30 Jun 2014 04:00pm EDT 

CVR Refining LP:Says closing of its public offering of 6,500,000 common units representing limited partner interests (Common Units).CVR Refining and CVR Refining Holdings, LLC ("CVR Refining Holdings") have granted the underwriters an option to purchase up to an aggregate additional 975,000 Common Units at a price of $26.07 per Common Unit.CVR Refining used the net proceeds from the offering to redeem from CVR Refining Holdings a number of Common Units equal to the number of Common Units sold in the offering.CVR Refining will not receive any proceeds from the sale of Common Units sold by CVR Refining Holdings.The offering, including any exercise of the underwriters' option to purchase additional Common Units, will not change the number of Common Units outstanding. 

Company Quote

0.04 +0.17%
30 Sep 2014