KILGORE, Texas, Feb. 6, 2013 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) (the " Partnership") announced today that it and its wholly-owned subsidiary, Martin Midstream Finance Corp., priced the offering of $250 million in aggregate principal amount of 7 1/ 4% senior unsecured notes due 2021 at an issue price of par. The offering is expected to close on February 11, 2013. The Partnership intends to use the net proceeds from this offering to repay borrowings under its revolving credit facility.
Martin Midstream Partners L.P. Announces Pricing Of $250 Million Private Placement Of Senior Notes Due 2021
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.