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Linn Energy, LLC (LINE) Message Board

  • rlp2451 rlp2451 Apr 29, 2013 10:00 PM Flag

    OT- NTI Offering 11.5 MM Units

    To those interested in buying NTI "on sale", here's your chance.

    Northern Tier Energy LP (NTI) said Northern Tier Holdings LLC is offering 10 million units, decreasing its stake to 55.4% from 66.3%. In addition, the Selling Unitholder anticipates granting the underwriters a 30-day option to purchase up to an additional 1,500,000 common units. The Partnership will not receive any proceeds from the sale of the common units in the Offering.The energy company's units were off 2.5% to $25.40 in after-hours trading.

 
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