Access Midstream Partners, L.P. (NYSE:ACMP) today announced the pricing of a public offering of $400 million of additional 5.875% senior notes due 2021 (the “Notes”). The Notes will be an additional issuance of the Partnership’s outstanding 5.875% senior notes due 2021, which it issued in April 2011 in an aggregate principal amount of $350 million. The public offering price was 101.5% of the principal amount of the notes, resulting in a yield to worst of 5.503%. The offering is expected to close on August 19, 2013, subject to satisfaction of customary closing conditions. The Partnership intends to use the net proceeds from the offering for general partnership purposes, including but not limited to funding working capital, repayment of indebtedness, funding the Partnership’s capital expenditure program or acquisitions. Barclays, BBVA Securities, Citigroup, RBS and Wells Fargo Securities acted as joint book-running managers for the offering. The Notes are being offered pursuant to an effective shelf registration statement filed December 12, 2012 with the U.S. Securities and Exchange Commission. Copies of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the Securities and Exchange Commission’s website at www.sec.gov or from the underwriters of the offering as follows:
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Access Midstream Partners, L.P. (NYSE:ACMP) is the industry’s largest gathering and processing master limited partnership as measured by throughput volume and owns, operates, develops and acquires natural gas gathering systems and other midstream energy assets. Headquartered in Oklahoma City, the Partnership's operations are focused on the Barnett, Eagle Ford, Haynesville, Marcellus, Niobrara and Utica Shales and the Mid-Continent region of the U.S.