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Published on 5/7/2010 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

Crosstex Energy files $500 million debt securities shelf registration

By Devika Patel

Knoxville, Tenn., May 7 - Crosstex Energy LP and Crosstex Energy Finance Corp. jointly filed a $500 million common units and debt securities shelf registration in an S-3 filing with the Securities and Exchange Commission.

The debt may be structured as convertibles.

The company will use the proceeds for general partnership purposes.

Crosstex is a Dallas-based midstream natural gas company.


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