Hess Midstream Partners LP (HESM) Announces Proposed 10M Share Secondary Offering
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Hess Midstream LP Announces Secondary Public Offering of Class A Shares
August 15, 2023 4:15 PM EDTHOUSTON--(BUSINESS WIRE)-- Hess Midstream LP (NYSE: HESM) (HESM) today announced the commencement of an underwritten public offering of an aggregate of 10,000,000 Class A shares representing limited partner interests in HESM by an affiliate of Global Infrastructure Partners (the Selling Shareholder). The Selling Shareholder intends to grant the underwriters a 30-day option to purchase up to 1,500,000 additional Class A shares. HESM will not receive any proceeds from the sale of Class A shares in the offering.
Goldman Sachs & Co. LLC is acting as the bookrunning manager of the offering.
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