Showing posts with label new stock floats. Show all posts
Showing posts with label new stock floats. Show all posts

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; mia.lamar@dowjones.com