MarkWest Energy Partners Completes $150 Mln Private Placement of 6.875% Senior Notes

MarkWest Energy Partners, L.P. and its subsidiary MarkWest Energy Finance Corp. announced that it has closed $150 million of 6.875% senior unsecured notes due 2014 at an issue price to yield 12.59% to maturity.

The Partnership plans to use the net proceeds of the offering to repay borrowings under its revolving credit facility and ultimately to fund a portion of its 2009 capital program.
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