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Martin Midstream Partners announces commencement of public offering of common units


Monday, 5 May 2014 04:28pm EDT 

Martin Midstream Partners LP:Commences underwritten public offering of 3,600,000 common units under its existing shelf registration statement.Intends to use the net proceeds from the offering to repay outstanding indebtedness incurred under its revolving credit facility and for general partnership purposes.RBC Capital Markets, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, Deutsche Bank Securities Inc., Raymond James & Associates, Inc., and UBS Securities LLC are acting as joint book-running managers for the offering.In addition, Robert W. Baird & Co., Incorporated and Stifel, Nicolaus & Company, Incorporated are senior co-managing underwriters. 

Company Quote

39.175
0.485 +1.25%
2:30pm EDT