The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List
ChartZero.com
ChartZero

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Wed., Aug. 27, 2:55 PM

Slide #23. Buckeye Partners, L.P. Secondary Offering

Company: Buckeye Partners, L.P. (NYSE:BPL)
Date announced: 8/11/2014
Shares Offered: 2,600,000
Date of Pricing: 8/12/2014
Price Per Share: $76.60
Secondary Offering Details: Buckeye Partners, L.P. ("Buckeye") (NYSE:BPL) announced today that it has commenced a public offering of 2,600,000 limited partnership units representing limited partner interests ("LP Units") pursuant to an effective shelf registration statement. Buckeye expects to grant the underwriter an option to purchase up to 390,000 additional LP Units. Buckeye intends to use the net proceeds from this offering to reduce the indebtedness outstanding under its revolving credit facility and for general partnership purposes. - updated 8/12 - Buckeye Partners, L.P. ("Buckeye") (NYSE:BPL) announced today that it has priced a public offering of 2,600,000 limited partnership units representing limited partner interests ("LP Units") pursuant to an effective shelf registration statement at $76.60 per unit. The underwriter has been granted an option to purchase up to 390,000 additional LP Units. Buckeye intends to use the net proceeds from this offering to reduce the indebtedness outstanding under its revolving credit facility and for general partnership purposes.

Buckeye Partners is a holding company. Through its subsidiaries, Co. operates in four business segments, including: Pipelines and Terminals, which operates pipeline located primarily in the northeastern and upper midwestern portions of the U.S.; Global Marine Terminals, which provides marine terminal throughput services, marine bulk storage and other related services; Merchant Services, which is a wholesale distributor of refined petroleum products in the continental U.S. and in the Caribbean; as well as Development and Logistics, which provides turn-key operations and maintenance, asset development and construction services for third-party pipeline and energy assets across the.
Open the BPL Page at The Online Investor »

Company Name:  Buckeye Partners, L.P.
Website:  www.buckeye.com
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding BPL:  7
Total Market Value Held by ETFs:  $25.00M
Total Market Capitalization:  $8.98B
% of Market Cap. Held by ETFs:  0.28%
 

Open the BPL Page at The Online Investor (in a new window) »

August 27, 2014    2:55 PM Eastern
Quotes delayed 20 minutes



Buy (2.89 out of 4)
38th percentile
(ranked lower than approx. 62% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2014, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.