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): August 11, 2010
REGENCY ENERGY PARTNERS LP
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of
incorporation)
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000-51757
(Commission File Number)
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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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under o the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under o the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 |
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Entry into a Material Definitive Agreement. |
On August 11, 2010, 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 Morgan
Stanley & Co. Incorporated, Merrill Lynch, Pierce, Fenner &
Smith Incorporated, Barclays Capital Inc., Citigroup Global
Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities Inc., UBS Securities LLC
and Wells Fargo Securities, LLC, acting severally on behalf of themselves and Deutsche Bank
Securities Inc, Morgan Keegan & Company, Inc., RBC Capital
Markets Corporation, Stifel, Nicolaus & Company, Incorporated
and Robert W. Baird & Co. Incorporated (collectively, the Underwriters)
entered into an underwriting agreement (the Underwriting Agreement) covering the sale by the
Partnership of an aggregate of 15,250,000 common units representing limited partner interests in
the Partnership (the Common Units) at a price of $23.80 per Common Unit ($22.82 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 2,287,500
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 (the
Securities Act), pursuant to a Registration Statement on Form S-3 (Registration No. 333-163424)
of the Partnership, as supplemented by the Preliminary Prospectus Supplement dated August 10, 2010
and the Prospectus Supplement dated August 11, 2010 relating to the Common Units, filed with the
Securities and Exchange Commission (the SEC) pursuant to Rule 424(b) of the Securities Act on
August 10, 2010 and August 11, 2010, respectively. Closing of the sale of the Common Units is
scheduled for August 16, 2010. 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.
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Item 7.01 |
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Regulation FD Disclosure. |
On August 11, 2010, the Partnership announced that it had priced an upsized public offering of
15,250,000 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 (the Exchange Act) 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.
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Item 9.01 |
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Financial Statements and Exhibits. |
(d) Exhibits.
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Exhibit |
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Description of the Exhibit |
Exhibit 1.1
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Underwriting
Agreement, dated August 11, 2010 by and among the Partnership,
the General Partner, GP LLC, the Operating Partnership, the Operating
Partnership GP and the Underwriters. |
Exhibit 8.1
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Opinion of Mayer Brown LLP regarding tax matters. |
Exhibit 99.1
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Regency Energy Partners LP Pricing Press Release dated August 11, 2010. |
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