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Plains All American Pipeline, L.P. Message Board

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  • counselor711322 counselor711322 Mar 11, 2011 1:34 PM Flag

    Heart breaking for PAA

    But this should warm everyone's heart:

    Plains All American Pipeline, L.P. (PAA) announced today that it has completed its previously announced underwritten public offering of common units representing limited partner interests. Including the over-allotment option, which was exercised in full by the underwriters, the Partnership sold a total of 7,935,000 common units at a price to the public of $64.00 per common unit.


    I feel a little better about the share decline knowing that other people paid more than the current share price. Quite frankly, it probably wouldn't be a bad place to add units.

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