Printer Friendly

Midcoast Energy Partners L.P prices IPO at USD18 per common unit.

M2 EQUITYBITES-November 8, 2013-Midcoast Energy Partners L.P prices IPO at USD18 per common unit(C)2013 M2 COMMUNICATIONS http://www.m2.com

Natural gas company Midcoast Energy Partners LP (NYSE:MEP) said on Thursday that it has priced its initial public offering of 18,500,000 Class A common units at USD18 per unit

The company has provided the underwriters with a 30-day option to purchase up to another 2,775,000 Class A common units at the initial public offering price.

This offering is expected to close on or about 13 November 2013, subject to customary closing conditions.

BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman Sachs & Co, JP Morgan, Morgan Stanley, Wells Fargo Securities and UBS Investment Bank are acting as joint book-running managers.

((Comments on this story may be sent to info@m2.com)).END.PUB430>PDNovember 8, 2013>JNM2 EQUITYBITES.PRICEDATENOT APPLICABLE.DAY

COPYRIGHT 2013 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Nov 8, 2013
Words:151
Previous Article:Full Circle Capital names Gregg J Felton as president and co-chief executive officer and director.
Next Article:Baker Hughes Incorporated upgrades rig counts for October 2013.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters