MarkWest Energy Partners L.P. (MWE) announced the closing of its public offering of 6.79 million common units at $59.54 per common unit, which includes 885,000 common units purchased pursuant to the full exercise of the underwriters' option to purchase additional common units.
MarkWest said that it intends to use the approximately $388.0 million in net proceeds from the offering, after deducting underwriting discounts, commissions and offering expenses, to partially fund its ongoing capital expenditure program.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.