Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

MarkWest Energy Partners Closes Public Offering Of 6.79 Mln Common Units

RELATED NEWS
Trade MWE now with 

MarkWest Energy Partners L.P. (MWE: Quote) 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.

Click here to receive FREE breaking news email alerts for Markwest Energy Partners LP and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.