Follow-On Offering

Energy
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.

For additional information about this transaction, please contact:

Curtis Goot (314) 445-6540
Frank Murphy (314) 445-6532
Jim Penilla (314) 445-6536
Gary Placek (414) 765-3611
Energy
Follow-On Offering
Date
September 2013
Company
NGL Energy Partners LP
Transaction
M&A
Sectors
Energy
Target Location
North America

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