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BRIEF-MPLX LP announces $1 bln private placement of 6.5% Series A convertible preferred units
2016年4月27日 / 晚上9点52分 / 1 年前

BRIEF-MPLX LP announces $1 bln private placement of 6.5% Series A convertible preferred units

April 27 (Reuters) - MPLX LP

* Announces $1 billion private placement of 6.5% series a convertible preferred units

* Net proceeds, after deducting offering and transaction expenses, are expected to be approximately $984 million

* Expects to use proceeds for capital expenditures, repayment of debt

* Agreement for private placement at a price of $32.50 per unit with approximately 30.8 million preferred units to be outstanding at closing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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