HOUSTON, Oct. 23, 2013 /PRNewswire/ -- EV Energy Partners, L.P. (NASDAQ: EVEP) today announced the closing of its previously announced public offering of 5,000,000 common units at $36.86 per unit to the public. The underwriters of the Partnership's common unit offering exercised in full their option to purchase an additional 750,000 common units at $36.86 per unit.
The Partnership intends to use the net proceeds of approximately $208.4 million from the 5,750,000 common unit offering, after deducting the underwriting discounts and commissions and estimated offering expenses, and including the Partnership's general partner's proportionate capital contribution, 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 acted as joint book-running managers of the underwritten offering of common units. The offering of common units was made only by means of a 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.comCitigroupc/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 JamesAttn: 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 BairdAttn: 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 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.