Regency Energy Partners Prices Public Offering of 5-1/2% Senior Notes Due 2023


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Regency Energy Partners LP ( RGP ) announced the pricing of its public offering of $700 million aggregate principal amount of 5-1/2% Senior Notes due 2023. The company cites favorable market conditions as reason to increase the size of the offering to $700 million from $500 million. The sale of the notes is expected to settle October 2, 2012.

RGP shares closed down 0.2% at $23.18 in the regular session, trading in a 52-week range of $20.20 - $27.40. Shares have increased 4% in the last 12 months.

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This article appears in: Investing Commodities
Referenced Stocks: RGP

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