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American Midstream Partners, LP Prices Public Offering

DENVER, July 26, 2011 /PRNewswire/ -- American Midstream Partners, LP (the "Partnership") announced today the pricing of its initial public offering (the "IPO") of 3,750,000 common units representing limited partner interests at $21.00 per common unit.  The common units are expected to begin trading on the New York Stock Exchange on July 27, 2011 under the ticker symbol "AMID."  The underwriters have the option to purchase from the Partnership up to an additional 562,500 common units, at the same price per common unit, to cover over-allotments, if any.  The offering is expected to close on or about August 1, 2011, subject to customary closing conditions.

(Logo:   http://photos.prnewswire.com/prnh/20110718/LA32489LOGO)

Upon the conclusion of the offering, the public will own 40.6% of the Partnership's outstanding equity (or 46.7% if the underwriters exercise their over-allotment option in full).  AIM Midstream Holdings, LLC and directors and officers of the Partnership's general partner will own the remaining equity in the Partnership.

Citi and BofA Merrill Lynch are acting as joint book-running managers, with Barclays Capital, Raymond James and Wells Fargo Securities acting as co-managers for the offering.  The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from the offices of:

CitiAttn: Prospectus Department Brooklyn Army Terminal 140 58th Street, 8th Floor Brooklyn, New York 11220 Email: batprospectusdept@citi.com Telephone: (800) 831-9146

BofA Merrill Lynch Attn: Prospectus Department 4 World Financial Center New York, New York 10080 dg.prospectus_requests@baml.com

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About American Midstream Partners, LP

Stock quotes in this article: AMID 

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