Landmark to repay credit facility debts with offering of common units

By Wendy Van Sickle

Columbus, Ohio, May 12 – Landmark Infrastructure Partners LP plans to repay borrowings under its revolving credit facility with a portion of proceeds from a public offering of common units.

General partnership expenses, including potential future acquisitions, will also be funded by the offering of 2.5 million common units, Landmark said in a Tuesday news release.

Raymond James & Associates, Inc., Robert W. Baird & Co. Inc. and RBC Capital Markets, LLC are the bookrunners for the offering.

The El Segundo, Calif., company leases real estate.

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