HOUSTON, Oct. 17, 2013 /PRNewswire/ -- EV Energy Partners, L.P. (NASDAQ: EVEP) today announced that it has commenced, subject to market and other conditions, an underwritten public offering of 5,000,000 of its common units representing limited partner interests. The Partnership also intends to grant the underwriters a 30-day option to purchase up to 750,000 additional common units to cover over-allotments, if any.
The Partnership intends to use the net proceeds from the offering, including the proceeds from any exercise of the over-allotment option of common units, to repay borrowings outstanding under its senior secured credit facility.
Wells Fargo Securities, Citigroup, J.P. Morgan, Raymond James, RBC Capital Markets, Baird, and Credit Suisse will act as joint book-running managers of the underwritten offering of common units. This offering of common units will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained from:
Wells Fargo SecuritiesAttn: Equity Syndicate Dept.375 Park Avenue New York, NY 10152Telephone: (800) 326-5897 Email: email@example.comCitigroup c/o Broadridge Financial Solutions1155 Long Island Avenue Edgewood, NY 11717Phone: (800) 831-9146Email: firstname.lastname@example.org J.P. Morganvia Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: (866) 803-9204 Raymond James Attn: Prospectus Department880 Carillon Parkway St. Petersburg, FL 33716Telephone: (800) 248-8863Email: email@example.com RBC Capital MarketsAttn: Equity SyndicateThree World Financial Center200 Vesey Street, 8th Floor New York, NY 10281-8098Telephone: (877) 822-4089 BairdAttention: Syndicate Department777 East Wisconsin Avenue Milwaukee, WI 53202-5391Telephone: (800) 792-2413Email: firstname.lastname@example.org Credit SuisseAttn: Prospectus DepartmentOne Madison Avenue New York, NY 10010Telephone: (800) 221-1037Email: Newyork.email@example.com An electronic copy of the preliminary prospectus supplement and accompanying base prospectus may also be obtained at no charge at the Securities and Exchange Commission's website at www.sec.gov. EV Energy Partners, L.P., is a master limited partnership engaged in acquiring, producing and developing oil and gas properties.