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Martin Midstream announces pricing of public offering of common units


Tuesday, 6 May 2014 05:25pm EDT 

Martin Midstream Partners LP:Prices 3,600,000 of its common units at a price to the public of $41.51 per unit.Closing of the offering is expected to occur on May 12.Net proceed wll be used to repay outstanding indebtedness incurred under its revolving credit facility, and for general partnership purposes.RBC Capital Markets, LLC, BofA Merrill Lynch, 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, Stifel, Nicolaus & Company, Incorporated, BB&T Capital Markets, a division of BB&T Securities, LLC and MLV & Co. LLC are co-managing underwriters. 

Company Quote

37.5
0.83 +2.26%
17 Sep 2014