13.08.2013 15:21:22
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Access Midstream Reveals Pricing Of Secondary Public Offering Of Units By GIP II
(RTTNews) - Access Midstream Partners, L.P. (ACMP) Tuesday announced the pricing of an underwritten public offering of 8 million common units representing limited partner interests owned by Global Infrastructure Partners II or GIP II.
GIP II offered the units to the public at $46.47 and has granted the underwriter a 30-day option to purchase up to 1.2 million additional common units.
The partnership will not receive any of the net proceeds from this offering and the number of outstanding common units will remain unchanged. Barclays acted as sole underwriter for the offering.
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