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Enterprise Products Partners Sells $62 Million Of Common Units

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September 26, 2012

Enterprise Products Partners LP (NYSE: EPD) announced that the underwriters of its common unit offering have exercised their full over-allotment option to purchase 1,200,000 additional common units. These units represent limited partner interests in Enterprise and were priced to the public at $53.07 per common unit.

Net proceeds from the sale of the additional 1,200,000 common units will approximate $62 million after deducting underwriting discounts, commissions and offering expenses.

The total net proceeds from the offering, including the exercise of the over-allotment option, will approximate $473 million. Enterprise intends to ...


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