NuStar Energy L.P. Announces Public Offering of Common Units
NuStar Energy L.P. (NYSE:NS) (the “Partnership”) announced today that it plans to conduct an offering of 12,000,000 common units pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”).
- NuStar Energy L.P. (NYSE:NS) (the “Partnership”) announced today that it plans to conduct an offering of 12,000,000 common units pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”).
- The Partnership will grant the underwriters a 30-day option to purchase up to 1,800,000 additional common units.
- The Partnership intends to use the net proceeds from the offering to redeem outstanding Series D Cumulative Convertible Preferred Units and to pay related fees and expenses.
- This press release includes forward-looking statements regarding future events, including the size, timing, expected use of proceeds from the offering and results of the offering.