On Oct. 29, Western Gas Partners LP (NYSE: WES) opened a public offering of 7.5 million common units representing limited partner interests.

Underwriters were granted a monthlong option to purchase about 1.1 million additional units.

Net proceeds will fund part of the purchase price for the Nuevo Midstream LLC acquisition, the company said. If the acquisition is not made, proceeds will support general corporate purchases, including repayment of revolving credit facility borrowings.

UBS Investment Bank (NYSE: UBS), Morgan Stanley (NYSE: MS), Wells Fargo Securities LLC, Barclays Plc (NYSE: BCS), BofA Merrill Lynch, Citigroup (NYSE: C), Deutsche Bank Securities Inc., RBC Capital Markets, Credit Suisse (NYSE: CS) and Goldman Sachs & Co. (NYSE: GS) are joint book-running managers.