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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-99.2 - EX-99.2 - MARKWEST ENERGY PARTNERS L Pa11-26242_3ex99d2.htm
EX-99.1 - EX-99.1 - MARKWEST ENERGY PARTNERS L Pa11-26242_3ex99d1.htm

Exhibit 99.3

 

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 Closing of Common Unit Offering, including

Full Exercise of Over-Allotment Option

 

DENVER—October 13, 2011—MarkWest Energy Partners, L.P. (NYSE: MWE) announced today the closing of its previously announced public offering of 5,750,000 common units at $45.52 per unit, which includes 750,000 common units purchased pursuant to the full exercise of the underwriters’ over-allotment option. MarkWest intends to use a portion of the approximately $251.0 million in net proceeds from the offering, after deducting underwriting discounts, commissions, and offering expenses, to repay borrowings under its revolving credit facility. MarkWest intends to use the remaining net proceeds to provide working capital for general partnership purposes.

 

Morgan Stanley, BofA Merrill Lynch, Citigroup, RBC Capital Markets and Wells Fargo Securities acted as joint book-running managers for the offering. 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

 

200 Vesey Street, 8th Floor

 

 

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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 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.

 

###

 

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 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 MarkWest believes that the expectations reflected in the forward-looking statements are reasonable, MarkWest can give no assurance that such expectations will prove to be correct.  The forward-looking statements involve risks and uncertainties that affect operations, financial performance, and other factors as discussed in 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 filed with the SEC, including MarkWest’s 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.”  MarkWest does not undertake any duty to update any forward-looking statement except as required by law.

 

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