American Midstream Partners LP registered $2 billion of common units, preferred units and partnership securities to sell from time to time in future offerings.
Amounts, prices and terms for the securities would depend on market conditions and other factors at the time of the offerings, according to a Jan. 31 SEC filing. Proceeds would be used for general partnership purposes such as debt repayment, working capital, CapEx and acquisitions.
American Midstream focuses on gathering, processing and transporting natural gas, NGLs and oil with most of its assets in Texas and the Gulf Coast.
