Shell Midstream Partners, L.P. Announces Price of Common Unit Offering

Go back to Shell Midstream Partners, L.P. Announces Price of Common Unit Offering

Shell Midstream Partners (SHLX) Prices 8M Common Offering at $32.54/Unit

November 12, 2015 8:33 AM UTC

Shell 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