Referenced Stocks

Western Gas Partners Prices $150 Mln of Senior Notes; Shares Flat After Clipping 52-Week High In Regular Session

By Midnight Trader,  October 09, 2012, 04:34:24 PM EDT

Western Gas Partners, LP ( WES ) is flat in late trade after pricing an offering of an additional $150 million in aggregate principal amount of 4.0% senior notes due 2022 at a price to the public of 105.178% of their face value, equating to a yield to maturity of 3.356%.

The senior notes are being offered as additional senior notes under an indenture pursuant to which WES issued $520 million aggregate principal amount of 4.0% senior notes due 2022 on June 28, 2012. The offering of the senior notes is expected to close on October 18, 2012.

WES climbed to a 52-week high of $52.85 in the regular session. Shares have increased 55% in the last 12 months.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: WES



Latest News Video

Why The Osama Photos Won't Be Made Public
Why The Osama Photos Won't Be Made ...
Naked Student Rescued After Doing Mushrooms
Naked Student Rescued After Doing M...
Donald Rumsfeld On Same Sex Marriage
Donald Rumsfeld On Same Sex Marriag...
GOP Party Divisions May Hinder Momentum
GOP Party Divisions May Hinder Mome...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.58 0.14  1.04%
PFE $ 29.58 0.80  2.78%
CLWR $ 3.38 0.02  0.59%
F $ 15.25 0.30  2.01%
MSFT $ 34.72 0.13  0.37%
GE $ 23.98 0.32  1.35%
JPM $ 54.5023 1.48  2.80%
QQQ $ 74.44 0.17  0.23%