Atlas Pipeline Partners LP - 2014-03-24

Description

Closed underwritten offering of an additional 660,000 class E cumulative redeemable perpetual preferred units at 8.25% after underwriters’ option to purchase them was exercised. Additional proceeds of about $16 million received from overallotment. Net proceeds will repay part of revolving credit facility debt. Morgan Stanley & Co. LLC and UBS Securities LLC were joint book-running managers. Stifel, Nicolaus & Co. Inc. was joint lead manager. MLV & Co. LLC was co-manager.

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Estimated Price
$122.2MM
Financing Type
Report Date