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Article: Martin Midstream Partners Announces Commencement of Public Offering of Common Units.
- Article from:
- PR Newswire
- Article date:
- May 14, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KILGORE, Texas, May 14 /PRNewswire-FirstCall/ -- Martin Midstream Partners L.P. announced today that it has commenced an underwritten public offering of 1,200,000 common units (plus up to an additional 180,000 common units to cover over-allotments, if any) under its existing shelf registration statement. MMLP intends to use the net proceeds from the offering to repay outstanding indebtedness incurred under its revolving loan facility to fund both recent acquisitions and expansion capital expenditures. A.G. Edwards & Sons, Inc. will serve as the sole underwriter for the offering.
A copy of the prospectus supplement and related base prospectus for the offering ...