Quicksilver Gas Services Announces Pricing of 4 Million Common Units
11 12월 2009 - 10:15PM
Marketwired
Quicksilver Gas Services LP (NYSE: KGS) announced today that it has
priced an offering of 4 million common units representing limited
partner interests at $21.10 per common unit. The company also
granted the underwriters a 30-day option to purchase up to 600,000
additional common units representing limited partner interests. The
company initially expects to use the net proceeds from this
offering to repay outstanding borrowings under its revolving credit
facility. The company subsequently intends to re-borrow
approximately $87.1 million under this facility in order to fund
the acquisition of Alliance midstream gathering and treating
assets, located in the northern portion of the Fort Worth Basin,
from Quicksilver Resources Inc. The offering is scheduled to close
on December 16, 2009.
Wells Fargo Securities, BofA Merrill Lynch, Citi, UBS Investment
Bank and Barclays Capital are acting as joint book-running
managers, Goldman, Sachs & Co. is acting as senior co-manager
and Capital One Southcoast, Comerica Securities, BBVA Securities
and Ladenburg Thalmann & Co. Inc. are acting as co-managers. A
preliminary prospectus supplement and accompanying base prospectus
relating to the offering have been filed with the U.S. Securities
and Exchange Commission and are available on its website,
www.sec.gov.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor shall there be
any sale of these securities in any jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such
jurisdiction. A registration statement relating to the securities
has been filed and is effective. The offering will be made only by
means of a prospectus supplement and accompanying base prospectus,
copies of which may be obtained from Wells Fargo Securities, Attn:
Equity Syndicate Dept., 375 Park Avenue, New York, New York 10152
or email: equity.syndicate@wachovia.com or tel: (800) 326-5897;
BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080,
Attn: Preliminary Prospectus Department or email:
Prospectus.Requests@ml.com; Citi, Attn: Prospectus Dept., Brooklyn
Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY, 11220 or
tel: (800) 831-9146; UBS Investment Bank, Attn: Prospectus
Department, 299 Park Avenue, New York, NY 10171 or tel: (888)
827-7275; and Barclays Capital c/o Broadridge Integrated
Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717
or email: Barclaysprospectus@broadridge.com or tel: 1 (888)
603-5847.
About Quicksilver Gas Services
Quicksilver Gas Services LP is a midstream master limited
partnership engaged in the business of gathering and processing
natural gas produced from the Barnett Shale formation in the Fort
Worth Basin in north Texas. Headquartered in Fort Worth, the
company's predecessors began operations in 2004 to provide
midstream services primarily to Quicksilver Resources Inc.
KGS 09-15
Investor and Media Contact: Rick Buterbaugh 817-665-4835
Kodiak Gas Services (NYSE:KGS)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Kodiak Gas Services (NYSE:KGS)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024