OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 2, 2012--
Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced the
pricing of an underwritten public offering of 9,250,000 common units
representing limited partner interests owned by Global Infrastructure
Partners (GIP). GIP offered the units to the public at $28.70 per unit
and has granted the underwriters a 30-day option to purchase up to
1,247,003 additional common units.
The Partnership will not receive any of the net proceeds from this
offering and the number of outstanding common units will remain
unchanged. The offering was made under the Partnership's effective shelf
registration statement on Form S-3, as amended, filed with the
Securities and Exchange Commission.
Citigroup, Morgan Stanley, BofA Merrill Lynch and Barclays Capital acted
as joint book-running managers for the offering. A copy of the
prospectus supplement and related prospectus may be obtained from
Citigroup, Brooklyn Army Terminal, 140 58th Street, 8th
Floor, Brooklyn, NY 11220, Attention: Prospectus Dept., or by calling
(800) 831-9146 or by e-mailing firstname.lastname@example.org.
The documents may be accessed when available on the U.S. Securities and
Exchange Commission’s website at www.sec.gov.
This press release is neither an offer to sell nor 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 state or
jurisdiction. The offering may be made only by means of a prospectus
supplement and related prospectus meeting the requirements of Section 10
of the Securities Act of 1933, as amended.
This press release includes forward-looking statements that relate
to, among other things, the offering of common units. Forward-looking
statements give our current expectations or forecasts of future events.
We caution you not to place undue reliance on our forward-looking
statements, which speak only as of the date of this release, and we
undertake no obligations to update this information. Although we
believe the expectations and forecasts reflected in these and other
forward-looking statements are reasonable, we can give no assurance they
will prove to be correct. They can be affected by inaccurate
assumptions or by known or unknown risks and uncertainties. Factors
that could cause actual results to differ materially from expected
results are described under “Risk Factors” in our 2010 Annual Report on
Form 10-K and in the other reports we file with the Securities and
Source: Chesapeake Midstream Partners, L.P.
Chesapeake Midstream Partners, L.P.
Shiels, CFO, 405-935-6224
Michael Kehs, 405-935-2560