EV Energy Partners LP - 2011-03-10
Description
Closed a public offering of 3 million common units at $44.42 per unit. The underwriters of the partnership's common unit offering exercised in full their option to purchase an additional 450,000 common units at $44.42 per unit.
The partnership intends to use the net proceeds of approximately $149.9 million from the 3.45 million common unit offering to pay debt.
RBC Capital Markets, Citi, Credit Suisse, J.P. Morgan, Raymond James and Wells Fargo were joint book-running managers.