NEP expects to fund the transaction through the net proceeds of an issuance of 10,402,000 common units and complete it in the fourth quarter.
The offering’s underwriters – BofA Merrill Lynch, Morgan Stanley, UBS Investment Bank, Wells Fargo Securities, Deutsche Bank Securities and J.P. Morgan - have a 30-day option to purchase up to an additional 1,560,300 common units from NEP.
The
