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Published on 11/30/2012 in the Prospect News Investment Grade Daily.

Oiltanking Partners files $600 million shelf for common units, debt

By Devika Patel

Knoxville, Tenn., Nov. 30 - Oiltanking Partners LP filed a $600 million common units and debt securities shelf registration in an S-3 filing with the Securities and Exchange Commission. The shelf also covers 7,949,901 common units that will be offered by selling unitholders.

Proceeds will be used for general partnership purposes.

The Houston company stores and transports crude oil, refined petroleum products and liquefied petroleum gas.


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