This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

DCP Midstream Partners Announces Pricing Of 2.50% Senior Notes

DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) announced today that its wholly owned subsidiary, DCP Midstream Operating, LP (the Operating Partnership), priced an offering of $500 million aggregate principal amount of 2.50% senior notes due 2017 at a price to the public of 99.379% of their face value (the Offering). The senior notes will be fully and unconditionally guaranteed by the Partnership. The Offering is scheduled to close on November 27, 2012, subject to customary closing conditions.

The Operating Partnership intends to use the net proceeds from the Offering to repay amounts outstanding under the Operating Partnership’s existing term loans and for general partnership purposes.

J.P. Morgan Securities LLC, RBS Securities Inc., SunTrust Robinson Humphrey, Inc., Barclays Capital Inc., Deutsche Bank Securities Inc., RBC Capital Markets, LLC and U.S. Bancorp Investments, Inc. are acting as joint book-running managers for this Offering. Credit Suisse Securities (USA) LLC and Mitsubishi UFJ Securities (USA), Inc. are acting as co-managers for this Offering. When available, a copy of the prospectus supplement and accompanying prospectus relating to the Offering may be obtained from any of the underwriters by contacting:

J.P. Morgan Securities LLC
383 Madison Avenue
New York, New York 10179
Attention: Investment Grade Syndicate Desk - 3rd floor
Telephone: (212) 834-4533
 

RBS Securities Inc.
600 Washington Boulevard
Stamford, Connecticut 06901
Telephone: (866) 884-2071
 

SunTrust Robinson Humphrey, Inc.
3333 Peachtree Road, 11th floor
Atlanta, Georgia 30326
Attention: Prospectus Department
Telephone: (800) 685-4786
 

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: (888) 603-5847

Email: barclaysprospectus@broadridge.com
 

Deutsche Bank Securities Inc.
60 Wall Street
New York, New York 10005-2836
Attention: Prospectus Group
Telephone: (800) 503-4611

Email: prospectus.CPDG@db.com
 

RBC Capital Markets, LLC
Three World Financial Center
200 Vesey Street, 8th Floor
New York, New York 10179
Attention: Transaction Management, Scott Primrose
Telephone: (866) 375-6829
 

U.S. Bancorp Investments, Inc.
214 N. Tryon
Charlotte, North Carolina 28202
Telephone: (877) 558-2607
 

You may also obtain these documents free of charge when they are available by visiting the Securities and Exchange Commission’s website at  www.sec.gov.

The senior notes are being offered and will be sold pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, 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 any such state or jurisdiction. This Offering may be made only by means of the prospectus supplement and accompanying prospectus.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs