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Exterran Partners announces public offering of common units

Thursday, 27 Mar 2014 04:12pm EDT 

Exterran Partners L.P:Underwritten public offering of 5.4 mln common units.Underwriters a 30-day option to purchase up to an aggregate of 810,000 additional common units to cover over-allotments, if any.Intends to use all of the net proceeds of this offering to fund a portion of the purchase price of its previously announced pending acquisition of natural gas compression assets from MidCon Compression, L.L.C.If the acquisition does not close, Exterran Partners intends to use the net proceeds for general partnership purposes.Wells Fargo Securities, BofA Merrill Lynch, J.P. Morgan, RBC Capital Markets and Goldman, Sachs & Co. are acting as joint book-running managers. 

Company Quote

30 Oct 2014