Tuesday, Martin Midstream Partners L.P. (MMLP) commenced an underwritten public offering of 1.65 million common units. The company intends to grant an additional 247,500 common units to cover over-allotments, if any. Martin Midstream Partners intends to use the net proceeds from the offering to repay outstanding indebtedness incurred under its revolving loan facility, which amounts may be reborrowed to fund both recent acquisitions and expansion capital expenditures.
UBS Investment Bank, RBC Capital Markets Corp. and Wells Fargo Securities are acting as joint book-running managers for the offering. In addition, Morgan Keegan & Co. Inc. and Stifel, Nicolaus & Company, Inc. are co-managing underwriters.
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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.