ENLINK MIDSTREAM PARTNERS, LP (NYSE:ENLK) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry into a Material Definitive Agreement.
On September14, 2017, EnLink Midstream Partners, LP (the “Partnership”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), with respect to the issuance and sale in an underwritten public offering (the “Offering”) by the Partnership of 400,000 of its 6.000% SeriesC Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests in the Partnership (the “SeriesC Preferred Units”), at a price to the public of $1,000 per unit.
The Offering was registered under the Securities Act of 1933, as amended (the “Securities Act”), to a shelf registration statement on FormS-3 (File No.333-216570), which became effective automatically upon filing with the Securities and Exchange Commission on March9, 2017. The closing of the Offering is expected to occur on September21, 2017, subject to the satisfaction of customary closing conditions.
In the Underwriting Agreement, the Partnership 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 foregoing description is qualified in its entirety by reference to the text of the Underwriting Agreement, which is filed as Exhibit1.1 to this Current Report on Form8-K (this “Current Report”) and incorporated herein by reference.
Item 7.01. Regulation FD Disclosure.
On September14, 2017, the Partnership issued a press release announcing the pricing of the SeriesC Preferred Units to be issued and sold to the Offering. A copy of the press release is furnished as Exhibit99.1 to this Current Report.
In accordance with General Instruction B.2 of Form8-K, the information set forth in this Item 7.01 and in Exhibit99.1 is deemed to be furnished and shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
In accordance with General Instruction B.2 of Form8-K, the information set forth in Exhibit99.1 is deemed to be furnished and shall not be deemed to be “filed” for purposes of Section18 of the Exchange Act.
