Genesis Energy to offer 4.5M common units, -3.7% AH

|About: Genesis Energy, L.P. (GEL)|By:, SA News Editor

Genesis Energy (GEL) -3.7% AH after announcing a public offering of 4.5M common units.

GEL expects to use the net proceeds for general partnership purposes, including the repayment of outstanding borrowings under its revolving credit facility.