Key Developments: TransMontaigne Partners LP (TLP.N)

TLP.N on New York Stock Exchange

43.74USD
21 Jul 2014
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$-0.01 (-0.02%)
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Latest Key Developments (Source: Significant Developments)

TransMontaigne Partners LP announces increase in quarterly distribution
Wednesday, 16 Jul 2014 08:24am EDT 

TransMontaigne Partners LP:Declares distribution of $0.665 per unit for period from April 1 through June 30.Says representing $0.005 increase over previous quarter.Payable on Aug. 7 to unitholders of record on July 31.  Full Article

TransMontaigne Partners L.P. announces increase in quarterly distribution
Monday, 14 Apr 2014 01:45pm EDT 

TransMontaigne Partners L.P:Declares distribution of $0.66 per unit for period from Jan. 1 through March 31 representing a $0.01 increase over previous quarter.This distribution is payable on May 8 to unitholders of record on April 30.  Full Article

Transmontaigne Partners LP entered into a terminaling services agreement relating to bunker fuel tankage
Monday, 24 Feb 2014 09:00am EST 

Transmontaigne Partners LP:Says that its wholly owned subsidiary, TransMontaigne Operating Company L.P., has entered into a terminaling services agreement with an unrelated third-party effective June 1.Relating to the receipt, storage and delivery of marine fuels using tanks with an aggregate capacity of abbout 1.35 million barrels at its Port Everglades and Fisher Island terminals.Tanks related to this new agreement, known as the Florida bunker tanks, were previously used by Morgan Stanley Capital Group Inc.Agreement has an initial term of two years with options to renew thereafter.Expects that the new agreement will generate slightly less revenue related to the Florida bunker tanks at Fisher Island and Port Everglades than the Morgan Stanley agreement generates with respect to those tanks.  Full Article

Transmontaigne Partners LP announces quarterly distribution
Monday, 13 Jan 2014 01:56pm EST 

Transmontaigne Partners LP:Says it declared a distribution of $0.65 per unit for the period from Oct. 1, 2013 through Dec. 31, 2013.Says distribution is payable on Feb. 11, 2014 to unitholders of record on Jan. 31, 2014.  Full Article

Transmontaigne Partners LP Announces Quarterly Distribution
Monday, 14 Oct 2013 01:48pm EDT 

TransMontaigne Partners L.P announced that it declared a distribution of $0.65 per unit for the period from July 1, 2013 through September 30, 2013. This distribution is payable on November 7, 2013 to unitholders of record on October 31, 2013.  Full Article

Transmontaigne Partners LP Announces Underwriters’ Exercise Of Option To Purchase Additional Units
Tuesday, 30 Jul 2013 11:41am EDT 

Transmontaigne Partners LP announced the closing of the sale of 217,500 common units representing limited partner interests of the Partnership at the public offering price of $43.32 per common unit pursuant to the underwriters' option to purchase additional common units. The Partnership granted this option to the underwriters in connection with its previously announced public offering of 1,450,000 common units. TransMontaigne GP L.L.C., the general partner of the Partnership, is expected to make a proportionate cash contribution to maintain its 2.0% general partner interest in the Partnership. The Partnership intends to use the net proceeds from the offering, including net proceeds from the underwriters` exercise of their option, to repay indebtedness outstanding under its senior secured credit facility. The Partnership may reborrow any amounts repaid under its senior secured credit facility to fund its proportionate share of the construction cost of Battleground Oil Specialty Terminal Company LLC, its joint venture with Kinder Morgan Energy Partners, L.P. Morgan Stanley, BofA Merrill Lynch, Citigroup and Wells Fargo Securities acted as joint book-running managers for the offering.  Full Article

Transmontaigne Partners LP Announces Pricing of Public Offering of Common Units
Friday, 19 Jul 2013 08:48am EDT 

Transmontaigne Partners LP announced that it has priced an underwritten public offering of 1,450,000 common units representing limited partner interests of the Partnership. The Partnership has granted the underwriters a 30-day option to purchase up to 217,500 additional common units. The common units were offered to the public at $43.32 per unit. In addition, TransMontaigne GP L.L.C., the general partner of the Partnership, is expected to make a proportionate cash contribution to maintain its 2.0% general partner interest in the Partnership. The offering is expected to close on July 24, 2013, subject to customary closing conditions. The Partnership intends to use a portion of the net proceeds from the offering, including any net proceeds received from an exercise of the underwriters` option to purchase additional common units, to repay indebtedness outstanding under its senior secured credit facility and to fund a portion of its proportionate share of the construction cost of Battleground Oil Specialty Terminal Company LLC, its joint venture with Kinder Morgan Energy Partners, L.P. Morgan Stanley, BofA Merrill Lynch, Citigroup and Wells Fargo Securities are acting as joint book-running managers for the offering.  Full Article

Transmontaigne Partners LP Announces Public Offering Of Common Units
Thursday, 18 Jul 2013 04:01pm EDT 

Transmontaigne Partners LP announced the commencement of an underwritten public offering of 1,450,000 common units representing limited partner interests of the Partnership. The Partnership will also grant the underwriters a 30-day option to purchase up to 217,500 additional common units. TransMontaigne GP L.L.C., the general partner of the Partnership, is expected to make a proportionate cash contribution to maintain its 2.0% general partner interest in the Partnership. The Partnership intends to use the net proceeds from the offering, including any net proceeds from the underwriters` exercise of their option, to repay indebtedness outstanding under its senior secured credit facility and to fund a portion of its proportionate share of the construction cost of Battleground Oil Specialty Terminal Company LLC, its joint venture with Kinder Morgan Energy Partners, L.P. Morgan Stanley, BofA Merrill Lynch, Citigroup and Wells Fargo Securities will act as joint book-running managers for the offering.  Full Article

Transmontaigne Partners LP Announces Extensions Of Terminaling Services Agreements And Omnibus Agreement
Wednesday, 17 Jul 2013 08:51am EDT 

Transmontaigne Partners LP announced that it has executed extensions of terminaling services agreements (TSAs) with Morgan Stanley Capital Group Inc. covering Southeast terminals and Florida-Midwest terminals. In addition, TLP announced that it has executed an extension of Omnibus Agreement with TransMontaigne Inc., which indirectly owns TLP's general partner. The terms of the executed extensions are consistent with TLP's expectations as disclosed in Form 10-Q for the period ended March 31, 2013.  Full Article

Transmontaigne Partners LP Announces Increase in Quarterly Distribution
Monday, 15 Jul 2013 01:57pm EDT 

Transmontaigne Partners LP announced that it declared a distribution of $0.65 per unit for the period from April 1, 2013 through June 30, 2013, representing a $0.01 increase over the previous quarter. This distribution is payable on August 8, 2013 to unitholders of record on July 31, 2013.  Full Article

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