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Strategies & Market Trends : Dividend investing for retirement

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To: Ditchdigger who wrote (20851)10/6/2014 6:03:20 PM
From: Ditchdigger   of 34328
 
Breitburn Energy Partners LP Announces Public Offering of Common UnitsLOS ANGELES--(BUSINESS WIRE)--

Breitburn Energy Partners LP ( BBEP) announced today that it has commenced a public offering, subject to market and other conditions, of 14,000,000 common units representing limited partner interests in Breitburn (Common Units). Breitburn intends to grant the underwriters a 30-day option to purchase up to an additional 2,100,000 Common Units to cover over-allotments. Breitburn intends to use the net proceeds from the offering to reduce outstanding borrowings under its bank credit facility.
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