Western Refining Logistics, LP Announces Offering of Common Units

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Go back to Western Refining Logistics, LP Announces Offering of Common Units

Western Refining Logistics (WNRL) Prices 3.75M Common Units Offering at $21.73/Unit

May 17, 2016 6:40 AM EDT

Western Refining Logistics, LP (NYSE: WNRL) announced the pricing of a registered underwritten public offering of 3,750,000 common units representing limited partner interests, at a public offering price of $21.73 per common unit. The total gross proceeds (before the underwriting discount and estimated offering expenses) will be approximately $81 million. In connection with the offering, WNRL granted the underwriter a 30-day option to purchase up to an additional 562,500 common units. The offering is expected to close on May 20, 2016, subject to certain... More