OKLAHOMA CITY, July 8, 2014 /PRNewswire/ --American Energy - Permian Basin, LLC (AEPB), an affiliate of American Energy Partners, LP (AELP), announced today that it intends to offer $1.4 billion of senior unsecured notes (Notes), in three series due in 2019, 2020, and 2021, in an unregistered offering to institutional investors.
The net proceeds from the offering of each series of Notes will be used as part of the financing for the proposed acquisition by AEPB of the Permian Basin business and assets of Enduring Resources II, LLC and for general corporate purposes.
The Notes have not been registered under the Securities Act of 1933, as amended (Securities Act) or the securities laws of any other state or jurisdiction, and may not be offered or sold without registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
SOURCE American Energy Partners, LP
