Arc Logistics Partners

10.28.13

Arc Logistics Partners LP Announces Launch of Initial Public Offering

New York, NY, October 28, 2013 (GLOBE NEWSWIRE) – Arc Logistics Partners LP (“Arc Logistics”) today announced the launch of its initial public offering of 6,000,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the “SEC”). Arc Logistics will list its common units on the New York Stock Exchange under the ticker symbol “ARCX.” Arc Logistics anticipates granting the underwriters an option to purchase up to an additional 900,000 common units at the initial public offering price.

Citigroup Global Markets Inc., Barclays Capital Inc., SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC, are acting 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 are acting as co-managers for the offering.  The offering of these securities is being made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933. When available, a copy of the preliminary 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 preliminary prospectus for free by visiting the SEC’s website at http://www.sec.gov.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. The common units may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. 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 common units 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.

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

 

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