Quicksilver Sells More BBEP Units
Quicksilver Resources Inc. (NYSE:KWK) made a public offering of around 6.97 million units of BreitBurn Energy Partners L.P. (NASDAQ:BBEP). Quicksilver will allow the underwriters of the issue a window of 30 days to purchase up to 1,045,177 additional common units to cover over-allotments, if necessary. Although the company is silent about the possible use of [...]
Quicksilver Resources Inc. (NYSE:KWK) made a public offering of around 6.97 million units of BreitBurn Energy Partners L.P. (NASDAQ:BBEP). Quicksilver will allow the underwriters of the issue a window of 30 days to purchase up to 1,045,177 additional common units to cover over-allotments, if necessary.
Although the company is silent about the possible use of the proceeds, historically it has been seen that the company uses the proceeds for repaying a portion of its outstanding borrowings under the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards