Mid-Con Energy Partners LP

Description

Mid-Con Energy Partners LP will sell up to $15.0 million of class B convertible preferred units in a private offering. The preferred units will be issued at a price of $1.36 per class B preferred unit. The partnership will pay holders of the class B preferred units a cumulative, quarterly distribution in cash at an annual rate of 8% or, under certain circumstances, in additional class B preferred units, at an annual rate of 10%.

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Estimated Price
$15.0MM
Financing Type
Report Date