Martin Midstream registers $750 million shelf covering debt, units

By Susanna Moon

Chicago, Aug. 22 - Martin Midstream Partners LP and Martin Midstream Finance Corp. registered to sell up to $750 million of debt securities and common units in a S-3 filing with the Securities and Exchange Commission.

The amount includes $353,714,500 of unsold securities previously registered by Martin Midstream Partners on Dec. 7, 2010.

The securities may be structured as convertibles.

Proceeds will be used for general partnership purposes.

In a secondary offering, Martin Midstream also registered $221,270,041 of common units representing limited partner interests.

Martin Midstream is a Kilgore, Texas-based company that collects, transports, stores and markets petroleum products and byproducts.

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