Western Gas Partners LP - 2013-05-14

Description

Priced its public offering of 6.1 million common units representing limited partner interests at $61.18 per unit with an option to purchase up to 915,000 additional units. Net proceeds will be used for general partnership purposes, including the funding of capital expenditures and the repayment of a portion of the outstanding borrowings under its revolving credit facility. RBC Capital Markets, Barclays, Citigroup, Deutsche Bank Securities, Morgan Stanley, UBS Investment Bank, and Wells Fargo Securities are joint book-running managers.

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Estimated Price
$373.2MM
Financing Type
Report Date