EQT Midstream Partners begins public offering of common units

EQT Midstream Partners LP (NYSE: EQM), an EQT Corp. company, has begun an underwritten public offering of 5,650,000 common units representing limited partner interests. EQM also intends to grant the underwriters a 30-day option to purchase up to an additional 847,500 common units.

EQM intends to use the net proceeds from the offering, including any net proceeds from the underwriters’ exercise of their option to purchase additional common units, if any, for general partnership purposes, including funding a portion of EQM’s anticipated transmission and gathering expansion in 2016.

Citigroup and Barclays are acting as joint book-running managers for the offering.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...