This Day On The Street
Continue to site
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

Memorial Production Partners LP Announces Closing Of Public Offering Of Common Units And Full Exercise Of Underwriters' Option To Purchase Additional Common Units

HOUSTON, Oct. 8, 2013 (GLOBE NEWSWIRE) -- Memorial Production Partners LP (Nasdaq:MEMP) announced today the closing of its previously announced public offering of common units representing limited partner interests in MEMP. Including the underwriters' option to purchase additional common units, which was exercised in full, MEMP sold a total of 16,675,000 common units at a price to the public of $19.90 per common unit.

MEMP intends to use the net proceeds from the offering of approximately $319.2 million, including its general partner's proportionate capital contribution and after deducting underwriting discounts but before offering expenses, to repay a portion of the outstanding borrowings under its revolving credit facility.

BofA Merrill Lynch, Barclays, Citigroup, Goldman, Sachs & Co., J.P. Morgan, Raymond James, RBC Capital Markets, UBS Investment Bank, and Wells Fargo Securities acted as joint book-running managers for the offering. Oppenheimer, Sanders Morris Harris, MLV & Co., and Wunderlich Securities acted as co-managers for the offering.

The offering was made only by means of a prospectus supplement and accompanying prospectus. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from the offices of:
BofA Merrill Lynch 
Attention: Prospectus Department
222 Broadway
New York, NY 10038
c/o Broadridge Financial Solutions
1155 Long Island Avenue 
Edgewood, NY 11717 
Telephone: (888) 603-5847
c/o Broadridge Financial Solutions
1155 Long Island Avenue 
Edgewood, NY 11717 
Telephone: (800) 831-9146
Goldman, Sachs & Co.
Attn: Prospectus Department
200 West Street
New York, NY 10282
Telephone: (866) 471-2526
J.P. Morgan
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (866) 803-9204
Raymond James 
Attn: Equity Syndicate
880 Carillon Parkway 
St. Petersburg, FL 33716 
Telephone: (800) 248-8863
RBC Capital Markets
Attention: Equity Syndicate 
Three World Financial Center 
200 Vesey Street, 8th Floor 
New York, NY 10281
Telephone: (877) 822-4089
UBS Investment Bank
Attn: Prospectus Dept.
299 Park Avenue
New York, New York 10171
Telephone: (888) 827-6444
Wells Fargo Securities 
Attention: Equity Syndicate Dept. 
375 Park Avenue 
New York, NY 10152 
Telephone: (800) 326-5897

An electronic copy of the prospectus supplement and accompanying prospectus may also be obtained at no charge at the Securities and Exchange Commission's ("SEC") website at

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 jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering was made only by means of a prospectus supplement and accompanying prospectus, each of which is part of an effective shelf registration statement filed by MEMP with the SEC.

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs