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Subsequent Events
6 Months Ended
Jun. 30, 2011
Subsequent Events  
Subsequent Events

18. Subsequent Events

 

On July 13, 2011, the Partnership completed a public offering of approximately 4.0 million newly issued common units representing limited partner interests, which includes the full exercise of the underwriters’ over-allotment option.  Net proceeds after deducting underwriters’ fees and other third-party expenses were approximately $185.1 million and were used to repay borrowings under the Credit Facility and to partially fund the ongoing capital expenditure program.

 

On July 15, 2011, the Partnership repurchased the 2016 Senior Notes that were outstanding as of June 30, 2011.