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MarkWest Energy Partners, L.P. Announces Closing Of Public Offering Of Common Units
MarkWest Energy Partners, L.P. announced the closing of its previously announced public offering of 6,785,000 common units at $59.54 per common unit, which includes 885,000 common units purchased pursuant to the full exercise of the underwriters’ option to purchase additional common units. MarkWest intends to use the approximately $388.0 million in net proceeds from the offering, after deducting underwriting discounts, commissions and offering expenses, to partially fund its ongoing capital expenditure program. BofA Merrill Lynch, Barclays Capital, Citigroup, Morgan Stanley, UBS Investment Bank, and Wells Fargo Securities acted as joint book-running managers for the offering.
Latest Developments for MarkWest Energy Partners LP
- MarkWest Energy Partners LP Closes Public Offering Of $1.0 Billion Of 4.5% Senior Notes Due 2023
- MarkWest Energy Partners LP Announces Public Offering Of $1.0 Billion Of Senior Notes
- MarkWest Energy Partners LP Declares Cash Distribution
- MarkWest Energy Partners, L.P. Announces $150 Million Credit Facility Increase; Completes Acquisition of Remaining 49% Interest in Liberty Joint Venture
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