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BRIEF-Atlas Energy ‍expects 1.8 pct ownership in Arc Terminals for $3.4 mln
August 31, 2017 / 1:37 PM / 3 months ago

BRIEF-Atlas Energy ‍expects 1.8 pct ownership in Arc Terminals for $3.4 mln

Aug 31 (Reuters) - Arc Logistics Partners Lp

* Atlas Energy - ‍as result of Lightfoot’s purchase of certain interests in Arc Terminals Joliet Holdings, co is expected to own 1.8% in Arc Terminals

* Atlas Energy Group Llc says ‍expect 1.8% ownership in Arc Terminals Joliet Holdings Llc for $3.4 million​ - SEC filing

* Atlas Energy Group Llc - co anticipates receiving net proceeds of $7.8 million from Lightfoot selling its interest in Gulf Lng​

* Atlas Energy Group Llc - anticipates net proceeds from proposed transaction will be used to repay borrowings under co's first lien term loan facility​ Source text: (bit.ly/2eHcjzp) Further company coverage:

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