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Boardwalk Pipeline to offer 7 million common units
Monday, August 10, 2009 5:53 PM


(Source: Associated Press/AP Online)trackingHOUSTON - Natural gas pipeline operator Boardwalk Pipeline Partners LP said the company plans to offer 7 million common units representing limited partner interests.

The company said it will use the proceeds to fund some of its expansion projects and to increase its borrowing capacity.

Boardwalk Pipeline said it has granted the underwriters a 30-day option to purchase up to nearly 1.1 million additional common units.

Barclays Capital, Citigroup Global Markets, JPMorgan Securities, Morgan Stanley and UBS Securities are serving as joint book-running managers.

A service of YellowBrix, Inc.



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