Tesoro Logistics LP - 2013-11-19

Description

Priced its underwritten public offering of 6.3 million common units at $51.05 per unit with an over-allotment option. Net proceeds will be used to fund the acquisition of the remaining Los Angeles logistics assets. Morgan Stanley, RBC Capital Markets, Deutsche Bank Securities, BofA Merrill Lynch, and UBS Investment Bank are joint book-running managers.

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Estimated Price
$321.6MM
Financing Type
Report Date