Black Stone Minerals LP

Description

Black Stone Minerals LP announced that the partnership’s subordinated units automatically converted into common units on a one-for-one basis earlier today with the expiration of the subordination period (as defined in Black Stone Minerals’ First Amended and Restated Agreement of Limited Partnership, as amended). Accordingly, the partnership issued instructions to American Stock Transfer & Trust Company, the partnership’s transfer agent, to cancel outstanding subordinated units and to issue an equal number of common units into common unit accounts at AST. After AST has completed the issuance, unitholders wishing to move their units to a brokerage account who have properly executed a Non-Affiliate Representation Letter may instruct their broker to move their common units out of AST.

Click here to go back to the search page
Estimated Price
MM
Financing Type
Report Date