Attached files
file | filename |
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EX-3.1 - EX-3.1 - CVR PARTNERS, LP | y90816exv3w1.htm |
8-K - FORM 8-K - CVR PARTNERS, LP | y90816e8vk.htm |
EX-3.2 - EX-3.2 - CVR PARTNERS, LP | y90816exv3w2.htm |
EX-1.1 - EX-1.1 - CVR PARTNERS, LP | y90816exv1w1.htm |
Exhibit 99.1
CVR Partners Announces Closing of Initial Public Offering and Exercise
of Underwriters Over-Allotment Option
of Underwriters Over-Allotment Option
SUGAR LAND, Texas (April 13, 2011) CVR Partners, LP (CVR Partners) today announced the
closing of its initial public offering of 22,080,000 common units at a public offering price of
$16.00 per common unit, which included the sale of 19,200,000 common units in the base offering and
2,880,000 common units pursuant to the underwriters over-allotment option. The common units are
listed on the New York Stock Exchange under the symbol UAN.
CVR Energy, Inc. now indirectly owns approximately 69.8% of CVR Partners outstanding common units
representing limited partner interests and CVR Partners general partner with its non-economic
general partner interest.
Morgan Stanley, Barclays Capital and Goldman, Sachs & Co. acted as joint book-running managers for
the initial public offering. Dahlman Rose & Company, RBS, Simmons & Company International and
SunTrust Robinson Humphrey acted as co-managers for the initial public offering. The offering is
being made only by means of a prospectus. A copy of the final prospectus relating to the offering
may be obtained from: Morgan Stanley & Co. Incorporated, Attention: Prospectus Department, 180
Varick Street, 2nd Floor, New York, NY 10014, telephone: 1-866-718-1649 or e-mail at
prospectus@morganstanley.com, Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, telephone: 1-888-603-5847 or e-mail at
barclaysprospectus@broadridge.com and Goldman, Sachs & Co., Attention: Prospectus Department, 200
West Street, New York, NY 10282, telephone: 1-866-471-2526 or e-mail at
prospectus-ny@ny.email.gs.com.
You may also get a copy of the final prospectus for free by visiting the Securities and Exchange
Commissions website at http://www.sec.gov.
A registration statement relating to the common units has been declared effective by the Securities
and Exchange Commission.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of the common units in any state in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities laws of any such
state.
# # #
About CVR Partners, LP
Located in Coffeyville, Kansas, CVR Partners, LP is a Delaware limited partnership focused
primarily on the manufacture of nitrogen fertilizers. The CVR Partners nitrogen fertilizer
manufacturing facility is the only operation in North America that uses a petroleum coke
gasification process to produce nitrogen fertilizer and includes a 1,225 ton-per-day ammonia unit,
a 2,025 ton-per-day urea ammonium nitrate unit, and a dual-train gasifier complex having a capacity
of 84 million standard cubic feet per day of hydrogen.
For further information, please contact: |
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Investor Relations:
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Media Relations: | |
Stirling Pack, Jr.
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Steve Eames | |
281-207-3464
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281-207-3550 | |
Jay Finks
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MediaRelations@CVREnergy.com | |
281-207-3588 |
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InvestorRelations@CVREnergy.com |