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News Breaks | | | | September 26, 2012 | | 05:23 EDT |  | EPD | Enterprise Products Partners L.P. sells additional common units
Enterprise Products Partners L.P. announced that the underwriters of its common unit offering have exercised their full over-allotment option to purchase 1.2M additional common units. These units represent limited partner interests in Enterprise and were priced to the public at $53.07 per common unit. Net proceeds from the sale of the additional 1.2M common units will approximate $62M after deducting underwriting discounts, commissions and offering expenses. The total net proceeds from the offering, including the exercise of the over-allotment option, will approximate $473M. Enterprise intends to use the net proceeds to temporarily reduce borrowings under its multi-year revolving credit facility and for general partnership purposes. Wells Fargo Securities, Barclays, BofA Merrill Lynch, Citigroup, J.P. Morgan, Morgan Stanley and UBS Investment Bank are joint book-running managers for the offering. | |
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News For EPD From The Last 14 Days Check below for free stories on EPD the last two weeks. |
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| May 22, 2013 | | 07:26 EDT |  | EPD | National Association of Publicly Traded Partnerships to host a conference
2013 MLP Investor Conference is being held in Stamford, CT on May 21-23 with webcasted company presentations to begin on May 22 at 8 am; not all company presentations may be webcasted. Webcast Link | | | May 13, 2013 | | 07:33 EDT | | EPD | Bentek Energy to host a symposium
5th Annual Energy Outlook Symposium is being held in Houston on May 13-15. | |
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