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NGL Energy Partners LP Announces Public Offering of Common Units

NGL ENERGY PARTNERS (NGL)  More Company Research Source: Business Wire
Last ngl energy partners earnings: 2/9 08:53 am Check Earnings Report
US:NYSE Investor Relations: nglenergypartners.com/investor-relations
PDF TULSA, Okla.--(BUSINESS WIRE)-- NGL Energy Partners LP (NYSE:NGL) today announced the commencement of an underwritten public offering of 8,000,000 common units representing limited partner interests. NGL will also grant the underwriters a 30-day option to purchase up to 1,200,000 additional common units. NGL intends to use the net proceeds from this offering, along with proceeds from the concurrent private offering of notes, to repay borrowings under its revolving credit facility. Credit Suisse Securities (USA) LLC and Wells Fargo Securities are acting as the bookrunning managers for the offering. When available, copies of the preliminary prospectus supplement, prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the Securities and Exchange Commission’s website at www.sec.gov or from Credit Suisse Securities (USA) LLC, Attention: Prospectus Dep [Read more]

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