UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 2, 2009
REGENCY ENERGY PARTNERS LP
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware
(State or other jurisdiction of
incorporation)
|
|
000-51757
(Commission File Number)
|
|
16-1731691
(IRS Employer Identification No.) |
2001 Bryan Street, Suite 3700
Dallas, Texas 75201
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code (214) 750-1771
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
|
|
|
o |
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
|
o |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
|
|
o |
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
|
|
o |
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
|
|
|
Item 1.01 |
|
Entry into a Material Definitive Agreement. |
On December 2, 2009, Regency Energy Partners LP (the Partnership), Regency GP LP, the
general partner of the Partnership (the General Partner), Regency GP LLC (GP LLC), the general
partner of the General Partner, Regency Gas Services, LP (the Operating Partnership), Regency OLP
GP LLC, the general partner of the Operating Partnership (the Operating Partnership GP), and UBS
Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities Inc.,
Morgan Stanley & Co. Incorporated and Wells Fargo Securities, LLC (collectively, the
Underwriters) entered into an underwriting agreement (the Underwriting Agreement) covering the
sale by the Partnership of an aggregate of 10,500,000 common units representing limited partner
interests in the Partnership (the Common Units) at a price of $19.12 per Common Unit ($18.27 per
Common Unit, net of underwriting discounts and commissions). Pursuant to the Underwriting
Agreement, the Partnership granted the Underwriters a 30-day option to purchase up to an additional
1,575,000 Common Units to cover over-allotments. The offer and sale of the Common Units pursuant to
the Underwriting Agreement have been registered under the Securities Act of 1933, as amended,
pursuant to a Registration Statement on Form S-3 (Registration No. 333-163424) of the Partnership,
as supplemented by the Preliminary Prospectus Supplement dated December 1, 2009 and the Prospectus
Supplement dated December 2, 2009 relating to the Common Units, filed with the Securities and
Exchange Commission (the SEC) pursuant to Rule 424(b) of the Securities Act on December 1, 2009
and December 2, 2009, respectively. Closing of the sale of the Common Units is scheduled for
December 7, 2009. The Partnership intends to use the net proceeds from the sale of the Common Units
to repay outstanding indebtedness under the Partnerships revolving credit facility.
The Partnership, the General Partner, GP LLC, the Operating Partnership and the Operating
Partnership GP have agreed to indemnify the Underwriters against certain liabilities, including
liabilities under the Securities Act, or to contribute to payments the Underwriters may be required
to make because of any of those liabilities.
The summary of the Underwriting Agreement in this report does not purport to be complete and
is qualified by reference to such agreement, which is filed as Exhibit 1.1 hereto.
|
|
|
Item 7.01 |
|
Regulation FD Disclosure. |
On December 2, 2009, the Partnership announced that it had priced an upsized secondary
offering of 10,500,000 Common Units. A copy of the press release is furnished as Exhibit 99.1
hereto and is incorporated herein by reference.
The information contained in this Item 7.01 and Exhibit 99.1 of this report (i) is not to
be considered filed under the Securities Exchange Act of 1934, as amended, and (ii) shall not be
incorporated by reference into any previous or future filings made by or to be made by the
Partnership with the SEC under the Securities Act or the Exchange Act.
|
|
|
Item 9.01 |
|
Financial Statements and Exhibits. |
(d) Exhibits.
|
|
|
Exhibit |
|
|
Number |
|
Description of the Exhibit |
Exhibit 1.1
|
|
Underwriting Agreement, dated December 2, 2009 among the Partnership,
the General Partner, GP LLC, the Operating Partnership, the Operating
Partnership GP and the Underwriters. |
Exhibit 5.1
|
|
Opinion of Mayer Brown LLP regarding legality of the Units. |
Exhibit 8.1
|
|
Opinion of Mayer Brown LLP regarding tax matters. |
Exhibit 99.1
|
|
Regency Energy Partners LP Pricing Press Release dated December 2, 2009. |
2