Oiltanking Partners LP - 2013-11-19
Description
Priced its public offering of 2.6 million common units at $61.65 per unit with an over-allotment option. Net proceeds will be used to purchase additional common units, reduce outstanding debt, fund ongoing expansion projects, and for general partnership purposes. Citigroup, Barclays, Deutsche Bank Securities, J.P. Morgan, Wells Fargo Securities, and RBC Capital Markets are joint book-running managers. Goldman, Sachs & Co. and U.S. Capital Advisors are co-managers.