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

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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 EST

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