February 26, 2018 / 11:48 AM / 3 months ago

BRIEF-Buckeye Partners Announces $265 Mln Private Placement Of Class C Units

Feb 26 (Reuters) - Buckeye Partners Lp:

* BUCKEYE PARTNERS, L.P. ANNOUNCES $265.0 MILLION PRIVATE PLACEMENT OF CLASS C UNITS

* BUCKEYE PARTNERS - ‍ENTERED AGREEMENT FOR PRIVATE PLACEMENT OF 6.2 MILLION CLASS C UNITS REPRESENTING LIMITED PARTNERSHIP INTERESTS IN BUCKEYE FOR $265 MILLION​

* BUCKEYE PARTNERS - ‍BUCKEYE TO USE OFFERING’S PROCEEDS TO PRE-FUND EQUITY PORTION OF REMAINING 2018, 2019 GROWTH CAPEX PROGRAM, AMONG OTHERS​ Source text for Eikon: Further company coverage:

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