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American Midstream Partners plans $30 million sale of class B units
Units will convert to company's common units on a one-for-one basis
By Devika Patel
Knoxville, Tenn., Jan. 22 - American Midstream Partners, LP negotiated a private placement of series B convertible units to raise about $30 million, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The units convert to common units on a one-for-one basis.
Denver-based American Midstream owns, operates, develops and acquires natural gas midstream energy assets.
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