Buckeye Partners LP - 2013-10-09

Description

Commenced a public offering of 6.5 million limited partnership units with an expected over-allotment option. Net proceeds will be used to fund the purchase of the marine terminals acquisition from Hess Corp. Barclays, Morgan Stanley, UBS Investment Bank, Wells Fargo Securities, Deutsche Bank Securities, and J.P. Morgan are joint book-running managers. Jefferies, RBC Capital Markets, and SunTrust Robinson Humphrey are co-managers.

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