Vanguard Natural Resources, LLC VNR (the “Company”) today announced
that it has commenced a public offering of 7,000,000 common units representing
limited liability company interests in the Company, pursuant to an effective
shelf registration statement on Form S-3 filed with the Securities and
Exchange Commission on January 18, 2012. The Company will grant the
underwriters a 30-day option to purchase up to an additional 1,050,000 common
units. The Company intends to use the net proceeds from the offering to repay
a portion of its indebtedness outstanding under its senior secured revolving
credit facility.
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