Finance & Investing | Fundraising | Capital Markets
Azure Midstream Offers $1.2B in Additional Units
Azure Midstream Partners, LP reported that the underwriters of its completed underwritten public offering of 3,500,000 common units representing limited partner interests in the Partnership, which closed on June 22, 2015, have exercised their option to purchase an additional 90,000 Common Units at a price to the public of $14.17 per Common Unit.
Total net proceeds from the sale of these additional Common Units, including the general partner's proportionate capital contribution and after deducting underwriting discounts and commissions and estimated offering expenses, are approximately $1.2 million. The issuance and delivery of the 90,000 Common Units was completed on July 17, 2015.
BofA Merrill Lynch, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities acted as joint book-running managers for the offering. Baird, Stifel, Janney Montgomery Scott and Oppenheimer & Co. acted as co-managers for the offering.
Related Categories :
Fundraising
More Fundraising News
-
Large Private Equity Firm Looking to Raise $8 Billion Fund -
-
DJ Basin Operator 2017 Capex Jumps 94% to $300 Million; 80 Wells Planned -
-
Exclusive : Bankrupt E&P Scores $240 Million To Fund Operations -
-
New Capital: 37 Private New E&P Companies Scored Over $5.8B in 2016; Here Is Where They Plan to Spend it -
-
Howard Midstream Lands Funding for South TX Pipeline Project
North America News >>>
-
Large Permian E&P Cuts Capex;Outlines New D&C Plans, 2024
-
Bonterra Eneergy Corporation First Quarter 2023 Results
-
Hammerhead Energy Inc. First Quarter 2023 Results
-
Spartan Delta Corp. First Quarter 2023 Results -
-
Baytex Energy Corp. First Quarter 2023 Results