Deal Details
Follow-On Offering
Summary
Baird served as a co-manager on this offering
About
NGL Energy Partners LP (NYSE: NGL) (“NGL Energy Partners” or the “Partnership”) recently completed a follow-on offering of 4,100,000 common units at a price of $32.38 per unit, generating gross proceeds of approximately $132.8 million. The Partnership intends to use the net proceeds from the offering to repay indebtedness incurred in connection with recent acquisitions.NGL Energy Partners is a publicly traded master limited partnership that owns and operates a vertically integrated energy business with four primary businesses: water services, crude oil logistics, natural gas liquids logistics and retail propane. NGL Energy Partners is headquartered in Tulsa, Oklahoma.
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- Date
- September 2013
- Company
- NGL Energy Partners LP
- Transaction
- M&A
- Sectors
- Energy
- Target Geography
- North America
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