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

By
A A A

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.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: WES

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

50%

Most Active by Volume

89,070,840
  • $17.26 ▲ 3.23%
78,931,485
  • $7.02 ▲ 4.46%
77,555,734
  • $6.70 ▲ 6.69%
77,025,346
  • $24.66 ▲ 0.69%
74,713,335
  • $101.80 ▲ 1.82%
72,324,726
  • $7.64 ▲ 0.79%
57,112,188
  • $17.84 ▲ 55.27%
53,321,397
  • $18.01 ▼ 4.46%
As of 12/17/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com