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Memorial Production Partners LP Announces public offering of 10,500,000 common units


Wednesday, 5 Dec 2012 04:41pm EST 

Memorial Production Partners LP announced that it has commenced an underwritten public offering of 10,500,000 common units representing limited partner interests in MEMP. The underwriters will be granted a 30-day over-allotment option to purchase an additional 1,575,000 common units. MEMP intends to use the net proceeds from the offering, including the proceeds from any exercise of the over-allotment option of common units, to fund a portion of the purchase price for MEMP's recently announced pending acquisition of oil and natural gas properties. Raymond James, Citigroup, BofA Merrill Lynch, Barclays, RBC Capital Markets and Wells Fargo Securities are acting as joint book-running managers for the offering. Oppenheimer & Co., Sanders Morris Harris and Wunderlich Securities are acting as co-managers for the offering. 

Company Quote

23.48
0.1 +0.43%
20 Aug 2014