Attached files

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8-K - 8-K - MARKWEST ENERGY PARTNERS L Pa11-26242_38k.htm
EX-5.1 - EX-5.1 - MARKWEST ENERGY PARTNERS L Pa11-26242_3ex5d1.htm
EX-1.1 - EX-1.1 - MARKWEST ENERGY PARTNERS L Pa11-26242_3ex1d1.htm
EX-8.1 - EX-8.1 - MARKWEST ENERGY PARTNERS L Pa11-26242_3ex8d1.htm
EX-99.1 - EX-99.1 - MARKWEST ENERGY PARTNERS L Pa11-26242_3ex99d1.htm
EX-99.3 - EX-99.3 - MARKWEST ENERGY PARTNERS L Pa11-26242_3ex99d3.htm

Exhibit 99.2

 

GRAPHIC

 

MarkWest Energy Partners, L.P.

 

Contact:

 

Frank Semple, Chairman, President & CEO

1515 Arapahoe Street

 

 

 

Nancy Buese, Senior VP and CFO

Tower 1, Suite 1600

 

 

 

Dan Campbell, VP of Finance & Treasurer

Denver, CO 80202

 

Phone:

 

(866) 858-0482

 

 

E-mail:

 

investorrelations@markwest.com

 

MarkWest Energy Partners Announces Pricing of Public Offering of Common Units

 

DENVER—October 7, 2011—MarkWest Energy Partners, L.P. (NYSE: MWE) announced today that it priced a public offering of 5,000,000 common units at $45.52 per common unit.  MarkWest intends to use the net proceeds from the offering, after deducting underwriting discounts, commissions and offering expenses, of approximately $218.3 million, as well as any proceeds from the exercise of the underwriters’ over-allotment option, to repay borrowings under its revolving credit facility.  MarkWest intends to use the remaining net proceeds to provide working capital for general partnership purposes.  MarkWest has granted the underwriters a 30-day option to purchase a maximum of 750,000 additional common units to cover over-allotments, if any.

 

Morgan Stanley, BofA Merrill Lynch, Citigroup, RBC Capital Markets and Wells Fargo Securities are acting as joint book-running managers for the offering. The offering is being made only by means of a prospectus supplement and accompanying base prospectus. A copy of the prospectus supplement and accompanying base prospectus associated with this offering may be obtained from the underwriters as follows:

 

Morgan Stanley

 

Attn: Prospectus Dept.

 

180 Varick Street, 2nd Floor

 

New York, New York 10014

 

Toll-Free: (866) 718-1649

 

prospectus@morganstanley.com

 

 

 

BofA Merrill Lynch

 

Attn: Prospectus Department

 

4 World Financial Center

 

New York, New York 10080

 

Email: dg.prospectus_requests@baml.com

 

 

 

Citigroup

 

Attention: Prospectus Dept.

 

Brooklyn Army Terminal

 

140 58th Street, 8th floor,

 

Brooklyn, New York 11220

 

Toll-free number: (800) 831-9146

 

Email: batprospectusdept@citi.com

 

 

 

RBC Capital Markets

 

Attn: Equity Syndicate

 

Three World Financial Center

 

 

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200 Vesey Street, 8th Floor

 

New York, New York 10281

 

Telephone: (877) 822-4089

 

 

 

Wells Fargo Securities

 

Attention: Equity Syndicate Dept.

 

375 Park Ave.

 

New York, New York 10152

 

Toll-free number: (800) 326-5897

 

Email: cmclientsupport@wellsfargo.com

 

 

An electronic copy of the preliminary prospectus supplement and the accompanying base prospectus is available from the Securities and Exchange Commission’s (SEC) web site at http://www.sec.gov. The common units are being offered pursuant to an effective shelf registration statement that MarkWest previously filed with the SEC.

 

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 these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state.

 

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MarkWest Energy Partners, L.P. is a master limited partnership engaged in the gathering, transportation, and processing of natural gas; the transportation, fractionation, marketing, and storage of natural gas liquids; and the gathering and transportation of crude oil. MarkWest has extensive natural gas gathering, processing, and transmission operations in the southwest, Gulf Coast, and northeast regions of the United States, including the Marcellus Shale, and is the largest natural gas processor and fractionator in the Appalachian region.

 

This press release includes “forward-looking statements.”  All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect our operations, financial performance, and other factors as discussed in our filings with the Securities and Exchange Commission.  Among the factors that could cause results to differ materially are those risks discussed in the periodic reports we file with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2010, and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2011. You are urged to carefully review and consider the cautionary statements and other disclosures made in those filings, specifically those under the heading “Risk Factors.”  We do not undertake any duty to update any forward-looking statement except as required by law.

 

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