Shell Midstream Partners (SHLX) Outpaces Q3 Expectations
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Shell Midstream Partners (SHLX) Prices 8M Common Offering at $32.54/Unit
November 12, 2015 8:33 AM ESTShell Midstream Partners (NYSE: SHLX) announced the pricing of an underwritten public offering of 8,000,000 common units representing limited partner interests, at a public offering price of $32.54 per common unit. The total gross proceeds (before the underwriters discounts and commissions and estimated offering expenses) will be approximately $260.3 million. In connection with the offering, Shell Midstream Partners granted the underwriter a 30-day option to purchase up to an... More
Shell Midstream Partners (SHLX) Announces 8M Common Units Offering
November 11, 2015 4:38 PM ESTShell Midstream Partners (NYSE: SHLX) announced the commencement of an underwritten public offering of 8,000,000 common units representing limited partner interests. In connection with the offering, Shell Midstream Partners intends to grant the underwriter a 30-day option to purchase up to an additional 1,200,000 common units.
Shell Midstream Partners expects to use the net... More
