DCP Midstream Partners LP - 2011-03-04


Priced an underwritten public offering of 3.2 million common units representing limited partner interests at $40.55 per common unit. The offering was increased from the previously announced 3.1 million common units to 3.2 million common units.

The partnership intends to use the net proceeds to pay debt and for general partnership purposes.

Wells Fargo Securities, Barclays Capital, BofA Merrill Lynch, Citi and Morgan Stanley are joint book-running managers.

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