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PVR Partners (PVR -4.7%) announces a public offering of 6.5M common units representing limited...

PVR Partners (PVR -4.7%) announces a public offering of 6.5M common units representing limited partner interests at $23.11/unit. PVR intends to use the net proceeds to pay down a portion of its debts. PVR has ~88.2M common units outstanding.
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Comments (1)
  • CaptKorn
    , contributor
    Comments (154) | Send Message
     
    Is it just me or is this terrible timing? Or maybe they think this market will be going down for the next few years and they will not have a better time to do this. As for me cash is king.
    9 Nov 2012, 07:30 PM Reply Like
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