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CNX Midstream Partners announces price of upsized underwritten public offering.

International Resource News-June 27, 2018--CNX Midstream Partners announces price of upsized underwritten public offering

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International Resource News - 27 June 2018

CNX Midstream Partners LP (NYSE: CNXM), a growth-oriented master limited partnership that owns, operates, develops and acquires gathering and other midstream energy assets to service natural gas production in the Appalachian Basin in Pennsylvania and West Virginia, has announced the pricing of an upsized underwritten public offering.

The upsized underwritten public offering are of an aggregate of 6,500,000 common units representing limited partner interests in the Partnership by NBL Midstream LLC, a subsidiary of Noble Energy Inc. (NYSE:NBL), at a public offering price of USD18.30 per common unit.

The Selling Unitholder has granted the underwriters a 30-day option to purchase up to 975,000 additional common units at the public offering price, less the underwriting discount. The Partnership will not receive any funds from the sale of common units in the offering and the number of outstanding common units will remain unchanged. The offering is scheduled to be completed on June 29, 2018, subject to customary closing conditions.

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Publication:International Resource News (IRN)
Date:Jun 27, 2018
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