EQT Midstream Partners Announces Public Offering of Common Units Business Wire PITTSBURGH -- April 30, 2014 EQT Midstream Partners, LP (NYSE: EQM), an EQT Corporation company, announced today the commencement, subject to market conditions, of an underwritten public offering of 8,750,000 common units representing limited partner interests. EQT Midstream Partners, LP (Partnership) also intends to grant the underwriters a 30-day option to purchase up to an additional 1,312,500 common units. The Partnership intends to use the net proceeds from the offering to fund a portion of the purchase price of the acquisition of the Jupiter natural gas gathering system (Jupiter) from EQT Corporation. The Partnership intends to use the net proceeds from the underwriters’ exercise of their option to purchase additional common units, if any, including any proportionate capital contribution from the Partnership’s general partner to maintain its 2% general partner interest in the Partnership, for general partnership purposes. Barclays, BofA Merrill Lynch, Citigroup, Wells Fargo Securities, Credit Suisse,Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan andRBC Capital Markets are acting as joint book-running managers for the offering. When available, copies of the preliminary prospectus supplement, prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the Securities and Exchange Commission’s website at www.sec.gov or from the underwriters of the offering as follows: Barclays BofA Merrill Lynch c/o Broadridge Financial Solutions Attn: Prospectus Department 1155 Long Island Avenue 222 Broadway Edgewood, NY 11717 New York, NY 10038 email@example.com Dg.firstname.lastname@example.org Telephone: 1-888-603-5847 Wells Fargo Securities Citigroup Attn: Equity Syndicate Dept. c/o Broadridge Financial Solutions 375 Park Avenue 1155 Long Island Avenue New York, NY 10152 Edgewood, NY 11717 email@example.com Telephone: 1-888-831-9146 Telephone: 1-800-326-5897 Credit Suisse Deutsche Bank Securities Attn: Prospectus Department Attn: Prospectus Group One Madison Avenue 60 Wall Street New York, NY 10010 New York, NY 1005-2836 Atnewyork.firstname.lastname@example.org Prospectus.CPDG@db.com Telephone: 1-800-221-1037 Telephone: 800-503-4611 Goldman, Sachs & Co. J.P. Morgan Attn: Prospectus Department c/o Broadridge Financial Solutions 200 West Street 1155 Long Island Avenue New York, NY 10282 Edgewood, NY 11717 Telephone: 866-471-2526 Telephone: 1-888-803-9204 RBC Capital Markets Attn: Equity Syndicate Three World Financial Center 200 Vesey Street, 8^th Floor New York, NY 10281 Telephone: 877-822-4089 The common units will be offered and sold pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. About EQT Midstream Partners: EQT Midstream Partners, LP is a growth-oriented limited partnership formed by EQT Corporation to own, operate, acquire and develop midstream assets in the Appalachian basin. The Partnership provides midstream services to EQT Corporation and third-party companies through its strategically located transmission and storage system and gathering system. The Partnership owns 700 miles and operates an additional 200 miles of FERC-regulated interstate pipelines and also owns more than 1,600 miles of FERC-regulated, low-pressure gathering lines. Cautionary Statements Disclosures in this news release contain certain forward-looking statements. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained in this news release specifically include the expectations of plans, strategies, objectives and growth of the Partnership and its subsidiaries, including guidance regarding the number of units to be sold in the offering and the Partnership’s expected use of proceeds from the offering. These statements involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The Partnership has based these forward-looking statements on current expectations and assumptions about future events. While the Partnership considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks and uncertainties, most of which are difficult to predict and many of which are beyond the Partnership’s control. The risks and uncertainties that may affect the operations, performance and results of the Partnership’s business and forward-looking statements include, but are not limited to, those risks discussed in the Partnership’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which such statement is made and the Partnership does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise. Contact: EQT Midstream Partners Analyst inquiries please contact: Nate Tetlow – Investor Relations Manager, 412-553-5834 email@example.com or Patrick Kane – Chief Investor Relations Officer, 412-553-7833 firstname.lastname@example.org or Media inquiries please contact: Natalie Cox – Corporate Director, Communications, 412-395-3941 email@example.com
EQT Midstream Partners Announces Public Offering of Common Units
Press spacebar to pause and continue. Press esc to stop.