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Martin Midstream Prices Public Offering

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May 7, 2014

Martin Midstream Partners LP (NASDAQ: MMLP) priced an underwritten public offering of 3,600,000 common units at $41.51 each, the company said May 6.

Net proceeds will repay outstanding revolving credit facility debts, and will also support general partnership purposes, the company said.

Any amounts that might be repaid under the credit facility could be reborrowed to fund future acquisitions and expansion capex, the company said. These future acquisitions include the acquisition of membership interests in Atlas Pipeline NGL Holdings LLC and Atlas Pipeline NGL Holdings II LLC from an Atlas ...

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