NGL Energy Partners LP - 2015-03-09
Description
Priced an underwritten public offering of about 6.3 million common units at $27.57 per unit. The underwriter has been granted an option to buy up to 937,500 additional units. Proceeds will be used to repay borrowings under its revolving credit facility and for general partnership purposes, including capex and potential acquisitions. Barclays is sole underwriter.