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NGL Energy Partners LP Announces Public Offering Of Common Units


Thursday, 19 Sep 2013 04:17pm EDT 

NGL Energy Partners announced the commencement of an underwritten public offering of 4,100,000 common units representing limited partner interests. NGL will also grant the underwriters a 30-day option to purchase up to 615,000 additional common units. NGL intends to use the net proceeds from this offering, including any net proceeds from the underwriters` exercise of their option to purchase additional common units, to repay indebtedness incurred in connection with recent acquisitions. 

Company Quote

42.97
-0.6713 -1.54%
31 Jul 2014