Genesis Energy LP - 2012-03-23

Description

Pricing underwritten public offering of 5,000,000 common units at $30.80 per common unit. The underwriters have been granted a 30-day option to purchase up to 750,000 additional common units from us. Genesis expects to use the net proceeds from the offering for general partnership purposes, including the repayment of outstanding borrowings under our revolving credit facility. Wells Fargo Securities, BofA Merrill Lynch, Citigroup, RBC Capital Markets and UBS Investment Bank are acting as joint book-running managers for the common units offering. Deutsche Bank Securities is acting as senior co-manager. Baird, Global Hunter Securities, Morgan Keegan, BMO Capital Markets and Janney Montgomery Scott are acting as co-managers.

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Companies
Estimated Price
$154.0MM
Financing Type
Report Date