Atlas Resource Partners, L.P. Announces Pricing of Public Offering of Common Units
PHILADELPHIA--(BUSINESS WIRE)--Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has priced an underwritten public offering of 5,500,000 common units representing limited partner interests at an offering price of $21.18. Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for this offering. The underwriters have been granted a 30-day option to purchase up to an additional 825,000 common units. The net proceeds of the offering, assuming no exercise of the over-allotment option, after underwriting discounts and estimated expenses, are approximately $112.1 million.