“That Was Easy” – GMLP Equity Follow-on et al.

The MLP model offers few surprises. Organic growth is accomplished by a means of a dropdown of an asset from the general partner, which the limited partner finances with an equity follow-on offering and debt. Proceeds are up streamed and are eventually used to build-up inventory for the future. And the process repeats itself.

 

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

User login