Arc Logistics Partners

11.18.13

Arc Logistics Partners LP Announces Closing of Issuance Under Exercise of Underwriters’ Option to Purchase Additional Common Units

New York, NY, Nov. 18, 2013 (GLOBE NEWSWIRE) – Arc Logistics Partners LP (“Arc Logistics” or the “Partnership”) today announced that it has closed the issuance of 786,869 common units representing limited partner interests at $19.00 per common unit pursuant to a partial exercise of the option to purchase up to an additional 900,000 common units granted to the underwriters in connection with the Partnership’s recent initial public offering of 6,000,000 common units. The Partnership’s initial public offering of 6,000,000 common units closed on November 12, 2013.  The common units trade on the New York Stock Exchange under the ticker symbol “ARCX.”

The public now owns common units representing a 52.4% limited partner interest in the Partnership. Lightfoot Capital Partners, LP owns common units and subordinated units representing a 40.3% limited partner interest in the Partnership.

The Partnership intends to use the net proceeds from the exercise of the underwriters’ option to purchase additional common units to reduce amounts outstanding under the Partnership’s amended and restated credit facility.

Citigroup Global Markets Inc., Barclays Capital Inc., SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC, acted as joint book-running managers for the offering, and RBC Capital Markets, LLC, Robert W. Baird & Co. Incorporated, Stifel, Nicolaus & Company, Incorporated and Global Hunter Securities acted as co-managers for the offering.  The offering of these securities was made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. A copy of the final prospectus may be obtained from:

Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
batprospectusdept@citi.com
Toll-Free: (800) 831-9146

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
1-888-603-5847 or
Barclaysprospectus@broadridge.com

SunTrust Robinson Humphrey, Inc.
3333 Peachtree Road N.E., 11th Floor
Atlanta Financial Center, South Tower
Atlanta, GA 30326
Attn: Equity Syndicate
Telephone: 404-926-5744
Email: STRH.Prospectus@suntrust.com

Wells Fargo Securities, LLC
Attn: Equity Syndicate Department
375 Park Avenue
New York, New York 10152
Telephone: (800) 326-5897
Email: cmclientsupport@wellsfargo.com

You may also get a copy of the final prospectus for free by visiting the U.S. Securities and Exchange Commission’s (the “SEC”) website at http://www.sec.gov.

A registration statement relating to these securities has been filed with and declared effective by the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities described above in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Arc Logistics Partners LP
Arc Logistics is a fee-based, growth-oriented limited partnership that is focused on owning, operating, developing and acquiring a diversified portfolio of energy logistics assets across the United States. Arc Logistics is primarily engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products.

Forward-Looking Statements
This press release may include forward-looking statements.  These forward-looking statements involve risks and uncertainties.  When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Arc Logistics’ prospectus and SEC filings.  Arc Logistics undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.  You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Anne G. Fegely
(212) 993-1290
IR@arcxlp.com

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