Western Gas Partners LP - 2014-01-03

Description

Closed its public offering of 4.5 million common units at $61.51 per unit with a partially exercised over-allotment option. Net proceeds will be used to purchase additional common units, to repay outstanding borrowings, and for general partnership purposes, including the funding of capital expenditures. Deutsche Bank Securities, Barclays, Citigroup, Morgan Stanley, RBC Capital Markets, UBS Investment Bank, and Wells Fargo Securities were joint book-running managers.

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Estimated Price
$291.9MM
Financing Type
Report Date