Regency Energy Partners (RGP) -3.9% AH after announcing an 11M share stock offering, good for...

|About: Regency Energy Partners LP (RGP)|By:, SA News Editor

Regency Energy Partners (RGP) -3.9% AH after announcing an 11M share stock offering, good for proceeds of $278.9M based on today's close. Regency plans to use the proceeds to repay borrowings made through a credit facility, and to redeem up to 35% of the principal owed on 9.375% senior notes due 2016. (PR)