USA Compression Partners -6.4% on news of 6.6M-unit offering

|About: USA Compression Partners, LP (USAC)|By:, SA News Editor

USA Compression Partners (USAC) -6.4% premarket after announcing a public offering of 6.6M common units, including 1M offered by certain selling unitholders, priced at $25.59 each.

USAC plans to use the proceeds to reduce debt and for general partnership purposes; it will receive no proceeds from the units sold by the selling unitholders.