PIONEER SOUTHWST ENRG PRTNR
			Symbol			PSE

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Pioneer Southwest Energy Partners L.P. Announces Pricing of Common Unit Offering

2009-11-11 08:51 ET - News Release

DALLAS -- (Business Wire)

Pioneer Southwest Energy Partners L.P. (“Pioneer Southwest” or “the Partnership”) (NYSE:PSE) today announced that it has priced a public offering of 2,700,000 common units representing limited partner interests at a price to the public of $20.74 per unit. Net proceeds from the offering, which are estimated to be $53 million, will be used by Pioneer Southwest to repay amounts outstanding under its revolving credit facility. The offering is scheduled to close November 16, 2009. Pioneer Southwest also granted the underwriters a 30-day option to purchase up to an aggregate of 405,000 additional common units.

UBS Investment Bank, Citi, BofA Merrill Lynch and Wells Fargo Securities are acting as joint book-running managers and J.P. Morgan and RBC Capital Markets are acting as co-managers. A copy of the prospectus supplement and prospectus relating to the offering may be obtained from the following addresses:

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.