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Published on 5/18/2007 in the Prospect News Convertibles Daily.

NuStar Energy files $3 billion automatic shelf registration

By Laura Lutz

Des Moines, May 18 - NuStar Energy LP and subsidiaries Nustar Logistics, LP and Kaneb Pipe Line Operation Partnership, LP filed a $3 billion automatic shelf registration in an S-3ASR filing with the Securities and Exchange Commission.

The registration covers common units of Nustar Energy, senior debt securities of Nustar Logistics, and subordinated debt securities of Kaneb. Securities may be structured as convertibles.

Proceeds will be used for general partnership purposes.

NuStar is an oil services company based in San Antonio.


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