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EQT Midstream Partners announces public offering of common units

Wednesday, 30 Apr 2014 04:05pm EDT 

EQT Midstream Partners LP:Underwritten public offering of 8,750,000 common units representing limited partner interests.Grants underwriters a 30-day option to purchase up to an additional 1,312,500 common units.Intends to use the net proceeds from the offering to fund a portion of the purchase price of the acquisition of the Jupiter natural gas gathering system (Jupiter) from EQT Corporation.Intends to use the net proceeds from the underwriters' exercise of their option to purchase additional common units, if any, for general partnership purposes.Barclays, BofA Merrill Lynch, Citigroup, Wells Fargo Securities, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan and RBC Capital Markets are acting as joint book-running managers for the offering. 

Company Quote

-0.27 -0.30%
24 Oct 2014