New Source Energy Partners LP (NYSE: NSLP) has priced its public offering of 4 million common units at US $20 per unit.
The offering is expected to close on Feb. 13, subject to customary closing conditions. The underwriters have been granted a 30-day option to purchase up to an additional 600,000 common units to cover over-allotments, if any.
Baird, Stifel Nicolaus Weisel, BMO Capital Markets and Oppenheimer & Co. are joint book-running managers.
Janney Montgomery Scott, Stephens Inc. and Wunderlich Securities are co-managers.
The partnership was formed by New Source ...