Southcross Energy Partners, L.P. Launches Initial Public Offering Business Wire DALLAS -- October 22, 2012 Southcross Energy Partners, L.P., a Delaware limited partnership (the “Partnership”), announced today that it has commenced an initial public offering of 9,000,000 common units representing limited partner interests in the Partnership pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (“SEC”). The underwriters will be granted a 30-day option to purchase up to an additional 1,350,000 common units. The common units have been approved for listing on the New York Stock Exchange, subject to official notice of issuance, and will trade under the symbol “SXE.” The common units being offered to the public represent an approximate 36% limited partner interest in the Partnership, or an approximate 42% limited partner interest if the underwriters exercise, in full, their option to purchase additional common units. Southcross Energy LLC will hold, directly or indirectly, a 2% general partner interest and an approximate 62% limited partner interest in the Partnership, or an approximate 56% limited partner interest if the underwriters exercise, in full, their option to purchase additional common units. Citigroup, Wells Fargo Securities, Barclays and J.P. Morgan are acting as joint book-running managers for the offering. RBC Capital Markets, Raymond James, Baird, Stifel Nicolaus Weisel and SunTrust Robinson Humphrey are acting as co-managers for the offering. This offering of common units will be made only by means of a prospectus. When available, a written prospectus, which meets the requirements of Section 10 of the Securities Act of 1933, may be obtained from the offices of: Citigroup Wells Fargo Securities c/o Broadridge Financial Solutions Attention: Equity Syndicate Dept 1155 Long Island Avenue 375 Park Avenue Edgewood, NY 11717 New York, NY 10152 1-800-831-9146 1-800-326-5897 email@example.com firstname.lastname@example.org Barclays J.P. Morgan c/o Broadridge Financial Solutions c/o Broadridge Financial Solutions 1155 Long Island Avenue 1155 Long Island Avenue Edgewood, NY 11717 Edgewood, NY 11717 1-800-603-5847 1-866-803-9204 email@example.com A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The registration statement is available on the SEC’s website at www.sec.gov under the registrant’s name, “Southcross Energy Partners, L.P.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities 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 Southcross Energy Partners, L.P. Southcross Energy Partners, L.P. is a master limited partnership that provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services for its producer customers. The Partnership also sources, purchases, transports and sells natural gas and NGLs to its power generation, industrial and utility customers. The Partnership’s assets are located in South Texas, Mississippi and Alabama and include three gas processing plants, two fractionation plants and 2,590 miles of pipelines. The Partnership’s South Texas assets are located in or near the Eagle Ford shale region. The Partnership is headquartered in Dallas, Texas. Contact: Southcross Energy Partners, L.P. Kristin Hodges, Investor Relations, 214-979-3720 firstname.lastname@example.org
Southcross Energy Partners, L.P. Launches Initial Public Offering
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