Western Midstream announces secondary public offering
- Western Midstream Partners (NYSE:WES) announced the commencement of an underwritten secondary public offering of 19M common units representing limited partner interests in WES by affiliates of Occidental (NYSE:OXY).
- The Selling Unitholders intend to grant Barclays, as the underwriter, a 30-day option to purchase up to 2,850,000 additional Common Units from the Selling Unitholders.
- Source: Press Release