- US Home Prices Up 5th Month, 2nd Straight Quarter
- Revised GDP Reading Puts Growth at 2.8%; Inflation Tame
- FDIC Insurance Fund Falls to Negative $8.2 Billion
- US Economy Mired in 'Form of Depression': Rosenberg
- Strong Banks, Weak Credit: Treasury Rethinks TARP
- Fairfax Lawsuit Keeps Heat on Chanos, SAC's Cohen
- Weak Dollar Is Golden for Mining Companies
- How Many US Consumers Will Shop this Weekend?
- Buyers Look For Bargains At Luxury Condo Auction
- On Assignment: Europe & Asia
- The L.A. Extravaganza: A Test for Auto Shows
- 8 Stocks That Could Gain With Rising GDP
- 5 Stocks That Benefit from Health Care Legislation: Analysts
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Arizona union challenges law changes on teachers
- WABCO signs deal to supply Chery cars
- Ga.'s Isakson: No 2nd homebuyer credit extension
- American Eagle 3Q profit rises, sales slip
- Dycom Industries posts sharp drop in 1Q profit
- Maine utility regulators dismiss solar firm's plan
- Kansas governor makes budget cuts, adjustments
- FDIC: ‘Problem’ banks highest level in 16 years
- Missouri competes for $4B in extra education money
Pioneer Southwest prices 2.7M common unit offering
DALLAS - Independent oil and gas company Pioneer Southwest Energy Partners LP on Wednesday priced a public offering of 2.7 million common units representing limited partner interests at $20.74 per unit.
The company said net proceeds from the offering, estimated to be $53 million, will be used by Pioneer Southwest to pay off debt. The offering is scheduled to close Nov. 16. The company granted the underwriters a 30-day option to buy up to 405,000 additional common units.
Shares of the company rose 26 cents to $44.40 in morning trading.
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