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› Baker Botts Represents Special Committee Of Western Gas Equity Partners In Providing Partial Financing For $750,000,000 Dropdown Of Assets By Anadarko To Western Gas Partners
Baker Botts Represents Special Committee Of Western Gas Equity Partners In Providing Partial Financing For $750,000,000 Dropdown Of Assets By Anadarko To Western Gas Partners
2016-02-26 04:01:03| oilandgasonline News Articles
Western Gas Partners, LP (“WES”) recently announced that it has agreed to acquire a 100% interest in Springfield Pipeline LLC (“Springfield”) from its corporate sponsor, Anadarko Petroleum Corporation (“Anadarko”), for $750.0M. WES intends to finance the acquisition, in part, by issuing 835,841 common units representing limited partner interests in WES at a price of $29.91 per common unit to the owner of its general partner, Western Gas Equity Partners, LP (“WGP”).
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