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January 30, 2012
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| 08:20 EDT |  | VNR |
| theflyonthewall.com: | Vanguard Natural announces additional purchase of common units by underwriters | | Vanguard announced that the underwriters of its recent public offering of common units representing limited liability company interests in the Company have exercised their option to purchase an additional 1,070,588 Common Units pursuant to the full exercise of their over-allotment option. The proceeds to the Company of the over-allotment option exercise will be approximately $28.5M net of underwriting discounts and estimated offering expenses. Vanguard will use the net proceeds from the exercise of the over-allotment option to repay indebtedness outstanding under its term loan facility and senior secured revolving credit facility. :theflyonthewall.com |
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