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Western Gas Resources Taps Equity Market for $481MM


Western Gas Equity Partners, LP announced that Western Gas Resources, Inc., a subsidiary of Anadarko Petroleum Corporation, priced a previously announced underwritten offering of 12,500,000 common units.

Total gross proceeds to Western Gas Resources from the offering (before the underwriting discount and estimated offering expenses) will be approximately $481 million.

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as joint book-running managers of the offering.

Announced Date
June 14,2016
Value  ( $MM )
481
Type
Equity-Stock-Sales
Company
Western Gas Partners Lp
Regions
United States
Country
United States

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