Enterprise Prices $436MM Public Offering
February 5, 2013
Enterprise Products Partners LP (NYSE: EPD) prices its public offering of 8 million common units at US $54.56 per unit.
Enterprise also intends to grant the underwriters a 30-day option to purchase up to 1.2 million additional common units to cover over-allotments, if any.
Net proceeds will be used for general partnership purposes, which may include repayment of debt, including the repayment of amounts outstanding under its multi-year revolving credit facility or commercial paper program, working capital, capital expenditures and acquisitions.
Barclays, BofA Merrill Lynch, Citigroup, J.P. Morgan, Morgan Stanley, ...
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