Crestwood Midstream Partners LP Announces Commencement of Public Offering of 3.25M Common Units

Crestwood Midstream Partners LP (NYSE: CMLP) announced today that it has commenced a public offering of 3,250,000 common units under its effective shelf registration statement. Crestwood intends to use the net proceeds from the offering to reduce the indebtedness outstanding under its revolving credit facility. Wells Fargo Securities, Barclays Capital, Citigroup, RBC Capital Markets and UBS Investment Bank are acting as joint book-running managers for the offering.