Genesis Energy Prices Secondary Offering of 2.25M Shares by Selling Unitholders at $27.79

Genesis Energy, L.P. GEL today announced the pricing of an underwritten secondary public offering of 2,250,000 common units representing limited partner interests by certain of its unitholders, including affiliates of Quintana Capital Group II, L.P., EIV Capital Fund LP and certain members of the Davison family. The offering was priced at $27.79 per common unit. The underwriters have been granted a 30-day option to purchase up to 337,500 additional common units from the selling unitholders. Genesis will not receive any of the proceeds from the common units sold by the selling unitholders and the number of outstanding common units will remain unchanged.
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