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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

EV Energy Partners Announces Closing Of Common Unit Offering And Exercise Of Over-Allotment Option

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:  cmclientsupport@wellsfargo.com

Citigroupc/o Broadridge Financial Solutions1155 Long Island Avenue Edgewood, NY 11717Phone: (800) 831-9146Email: batprospectsdept@citi.com

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: prospectus@raymondjames.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:  syndicate@rwbaird.com

Credit SuisseAttn: Prospectus DepartmentOne Madison Avenue New York, NY 10010Telephone: (800) 221-1037Email: Newyork.prospectus@credit-suisse.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.

Stock quotes in this article: EVEP 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,501.65 0.00 0.00%
S&P 500 1,878.61 +3.22 0.17%
NASDAQ 4,148.3380 +21.3710 0.52%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs