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Pioneer Southwest Energy files $500 million shelf for units and debt
By Devika Patel
Knoxville, Tenn., Aug. 17 - Pioneer Southwest Energy Partners LP filed a $500 million common units and debt securities shelf registration in an S-3 filing with the Securities and Exchange Commission. The amount includes $359.68 million of securities that were previously registered but unsold.
The debt may be structured as convertibles.
Proceeds will be used for general partnership purposes.
Based in Irving, Texas, Pioneer Southwest Energy is a limited partnership formed to own and acquire producing oil and gas properties.
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