Sanchez Midstream Partners LP plans to sell up to $500 million of any combination of its securities, according to a March 12 SEC filing.
The partnership may offer, from time to time, its common units, partnership securities, debt securities, warrants and rights. The partnership plans to use proceeds from any offering for debt repayment, CapEX and business development, acquisitions, additional working capital and other general business purposes.
Sanchez Midstream Partners is a publicly-traded limited partnership focused on the acquisition, development, ownership and operation of midstream and other energy related assets.
