KILGORE, Texas, May 5, 2014 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) (the " Partnership") announced today that it has commenced an underwritten public offering of 3,600,000 common units (plus up to an additional 540,000 common units pursuant to an option granted to the underwriters) under its existing shelf registration statement. The Partnership intends to use the net proceeds from the offering (including any proceeds from the exercise of the underwriters' option to purchase additional common units) to repay outstanding indebtedness incurred under its revolving credit facility and for general partnership purposes. Amounts repaid under the revolving credit facility may be re-borrowed to fund future acquisitions, including the previously announced acquisition of all of the outstanding membership interests in Atlas Pipeline NGL Holdings, LLC and Atlas Pipeline NGL Holdings II, LLC from a subsidiary of Atlas Pipeline Partners L.P., and expansion capital expenditures. RBC Capital Markets, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, Deutsche Bank Securities Inc., Raymond James & Associates, Inc., and UBS Securities LLC are acting as joint book-running managers for the offering. In addition, Robert W. Baird & Co., Incorporated and Stifel, Nicolaus & Company, Incorporated are senior co-managing underwriters. The offering is being made by means of a prospectus and related prospectus supplement, copies of which may be obtained from the following addresses:
RBC Capital Markets Attention: Equity Syndicate 3 World Financial Center 200 Vesey Street, 8 th Floor New York, NY 10281-8098 Telephone: 877-822-4089
BofA Merrill Lynch Attention: Prospectus Department 222 Broadway New York, NY 10038 Email: email@example.com
Wells Fargo Securities Attention: Equity Syndicate Dept. 375 Park Avenue New York, NY 10152 Telephone: 800-326-5897 Email: firstname.lastname@example.org
Deutsche Bank Attn: Prospectus Group 60 Wall Street New York, NY 10025-2836 Telephone: 800-503-2836 Email: prospectus@CPDG@db.com
Raymond James 880 Carillon Parkway St. Petersburg, Florida 33716 Telephone: 800-248-8863 Email: email@example.com
UBS Investment Bank Attention: Prospectus Dept. 299 Park Avenue New York, NY 10171 Telephone: 888-827-7275You may also obtain these documents for free when they are available by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or 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 will be made only by means of a prospectus and related prospectus supplement, which are part of an effective registration statement.