New Source Energy Partners LP - 2015-05-04
Description
Opened public offering of Series A cumulative convertible preferred units. Underwriters were granted monthlong option to purchase 15% of additional units. Net proceeds will repay some outstanding revolving credit facility debts. Stifel is lead book-running manager and Baird is joint book-running manager. Janney Montgomery Scott, Oppenheimer & Co. and Wunderlich Securities are co-leads.