Atlas Pipeline Partners, L.P. Initiates Redemption of 2015 Senior Notes

PHILADELPHIA--(BUSINESS WIRE)--Atlas Pipeline Partners, L.P. (NYSE: APL) (“Atlas Pipeline” or the “Partnership”) today announced that it has elected to redeem all of the $275,479,000 aggregate principal amount outstanding of its 8-1/8% Senior Notes due 2015 (the “Notes”). The redemption will be funded with cash on hand, primarily with the net proceeds from APL’s sale of its remaining 49% interest in Laurel Mountain Midstream, LLC on February 17, 2011.