Memorial Production Partners LP (NASDAQ: MEMP) priced an underwritten public offering of about 4.6 million common units at $16.60 each, the company said April 9.
The units represent limited partner interests owned by MRD Holdco LLC, Memorial added.
Underwriters were granted a monthlong option to purchase 699,249 additional units. Goldman Sachs & Co. (NYSE: GS) and UBS Investment Bank are joint book-running managers.
Houston-based Memorial Production Partners LP acquires and develops domestic oil and natural gas properties.
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