- Genesis Energy (NYSE:GEL) -1.9% AH after announcing a public offering of 4M common units, with an underwriters option to purchase up to an additional 600K units.
- GEL says it plans to use the proceeds for general partnership purposes, including funding acquisitions or repaying part of the borrowings outstanding under its revolving credit facility.
Genesis Energy to launch 4M-unit offering
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Symbol | Last Price | % Chg |
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GEL | - | - |
Genesis Energy, L.P. Class A Common Units |