a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
Thursday, July 10, 2008
Not that it necessarily matters but check the pe on some of these mlps. Inergy Holdings (NRGP) of which i am long sells now for a pe of 6! Amazing.
MLP index up over 2 points and at the highs of the day. Nice to see!
TULSA, Okla., July 9 /PRNewswire-FirstCall/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has priced a $250 million public offering of its 10 -year senior notes at 6.4%. The net proceeds from this offering of approximately $248 million, after payment of underwriting discounts and estimated offering expenses, will be used to repay all of the borrowings outstanding under its revolving credit facility and for general partnership purposes, including capital expenditures.
TULSA, Okla., July 9 /PRNewswire-FirstCall/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has priced a $250 million public offering of its 10 -year senior notes at 6.4%. The net proceeds from this offering of approximately $248 million, after payment of underwriting discounts and estimated offering expenses, will be used to repay all of the borrowings outstanding under its revolving credit facility and for general partnership purposes, including capital expenditures.
ReplyDeleteCapital markets are still open for MLP's...