Kilgore, Texas — Martin Midstream Partners LP said Jan. 20 that it has priced a public offering of 2,300,000 of its common units at a price to the public of $36.15 per unit. The closing of the offering is expected to occur Jan. 25, 2012. Net proceeds will be used 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 and expansion capital expenditures.
Transparency Across the Fertilizer Value-Chain