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Provider: Thomson Reuters Stock Report
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Provider: ValuEngine, Inc.
$127.00
Provider: ValuEngine, Inc.
$127.00

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DCP Midstream Partners LP Agrees To Issue $177.4 Million Of Common Units


Monday, 25 Jun 2012 04:39pm EDT 

DCP Midstream Partners LP announced it has entered into an agreement with a group of institutional investors led by funds managed by ClearBridge Advisors, FAMCO MLP, a division of Advisory Research, Inc., Kayne Anderson Capital Advisors and Tortoise Capital Advisors to sell $177.4 million of the Partnership’s common units in a private placement at a price of $35.55 per unit. The private placement is expected to close on July 2, 2012. Citigroup acted as sole placement agent for the Partnership on this transaction. 

Company Quote

49.64
-0.92 -1.82%
24 May 2013