Item 1.01 Entry into a Material Definitive Agreement.
On September 11, 2008, Regency Energy Partners
LP (the Partnership) entered into an underwriting agreement
(the Underwriting Agreement) with Regency GP LP,
the general partner of the Partnership (the General Partner),
Regency GP LLC (GP LLC), the general partner of the
General Partner, Regency Gas Services, LP (the Operating Partnership),
HM TXRG LP (HM TXRG), an affiliate of Hicks, Muse Tate &
Furst Equity Fund V, L.P. (Fund V) and Regency Acquisition LP
(Regency Acquisition, and
together with HM TRXG, the Selling Unitholders), an
affiliate of Fund V, and UBS Securities LLC, Wachovia Capital Markets, LLC,
Morgan Stanley & Co. Incorporated and the other underwriters named therein (collectively,
the Underwriters) covering the sale by the
HM TXRG of an aggregate of 7,100,000 common units representing
limited partner interests in the Partnership (the Common Units) at
a price of $21.00 per Common Unit ($20.21 per Common Unit, net of underwriting
discounts and commissions). Pursuant to the Underwriting Agreement, the Regency
Acquisition granted the Underwriters a 30-day option to purchase up to an
additional 1,048,672 Common Units to cover over-allotments, if any, on the same
terms as those Common Units sold by HM TXRG. The offer and sale of the Common
Units pursuant to the Underwriting Agreement have been registered under the Securities Act of 1933, as amended (the "Securities Act"), pursuant to a Registration Statement on Form S-3/A (Registration No. 333-141809) of the Partnership, as supplemented by the Prospectus Supplement dated September 11, 2008 relating to the Common Units, filed with the Securities and Exchange Commission pursuant to Rule 424(b) of the Securities Act on September 11, 2008. Closing of the sale of the Common Units is scheduled for September 16, 2008. The Selling Unitholders will receive all of the proceeds of the sale of the Common Units.
The Partnership, the General Partner, GP LLC, the Operating Partnership and the Selling Unitholders have agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the Underwriters may be required to make because of any of those liabilities.
The summary of the Underwriting Agreement in this report does not purport to be complete and is qualified by reference to such agreement, which is filed as Exhibit 1.1 hereto.
Item 7.01 Regulation FD Disclosure.
On
September 11, the Partnership announced that HM TXRG LP had priced the previously announced secondary
offering of 7,100,000 Common Units. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated
herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number |
Description of the Exhibit |
|
Exhibit 1.1
|
Underwriting Agreement, dated September 11, 2008 by and among the Partnership, the General Partner, GP LLC, the Operating Partnership, the Selling Unitholders and the Underwriters. | |
Exhibit 99.1
|
Regency Energy Partners LP Pricing Press Release dated September 11, 2008. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| REGENCY ENERGY PARTNERS LP |
||||
| By: | Regency GP LP, its general partner | |||
| By: | Regency GP LLC, its general partner | |||
| By: | /s/ Dan A. Fleckman | |||
| Name: | Dan A. Fleckman | |||
| Title: | Executive Vice President and Chief Legal Officer |
|||
September 11, 2008
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