Friday, March 16, 2012

MarkWest Energy offering of 5.9 million units priced at 3.2 percent discount

An offering of 5.9 million units by MarkWest Energy Partners LP (NYSE: MWE) was priced at a 3.2 percent discount to its March 12 closing price.

The natural-gas processor and distributor said on March 12 that it planned to undertake the offering to raise funds for its capital-expenditure program.

MarkWest had 95.9 million common units outstanding as of Feb. 17. (Source:  Mia Lamar, Dow Jones Newswires; 212-416-3207;

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