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Atlas Resource Partners Closes Offering

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March 7, 2014

Atlas Resource Partners LP (NYSE: ARP) closed its underwritten public offering of 6,325,000 common units for net proceeds of about $129 million, the company said March 7.

The units were offered at $21.18 each, the company noted.

Proceeds will fund a previously announced natural gas assets acquisition from GeoMet Inc. (NasdaqCM: GMETP) and its subsidiaries, the company said, noting that before the acquisition is funded, proceeds may also be used for general purposes, including repaying revolving credit facility borrowings.

Wells Fargo Securities LLC, Citigroup Inc. (NYSE: C), Deutsche Bank Securities ...

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