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San Antonio-based publicly traded partnership NuStar Energy L.P. (NYSE:NS) has commenced a public offering of 5,250,000 common units representing limited partner interests.
The transportation and storage master limited partnership (MLP) also intends to provide the underwriters with a 30-day option to purchase up to 787,500 additional common units to cover over-allotments, if any. NuStar plans to use the net proceeds from this offering to pay back the outstanding debt under its revolving credit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards