Tallgrass Energy Announces Plan to File a Registration Statement for Interests in the General Partner of Tallgrass Energy Par...
January 28 2015 - 5:18PM
Business Wire
Tallgrass GP Holdings, LLC (“GP Holdings”), a privately held
limited liability company that currently owns the general partners
of Tallgrass Development, LP and Tallgrass Energy Partners, LP
(NYSE: TEP), today announced that it intends to file a registration
statement with the U.S. Securities and Exchange Commission (the
“SEC”) for an initial public offering of equity interests in a
newly formed entity that is expected to own, directly or
indirectly, all of TEP’s incentive distribution rights, TEP’s
general partner interest, and a certain number of common units
representing limited partner interests in TEP.
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy any securities. Any offer,
solicitations of offers to buy, or any sales of securities will
only be made in accordance with the registration requirements of
the Securities Act of 1933 or an exemption therefrom. This
announcement is being issued pursuant to and in accordance with
Rule 135 under the Securities Act of 1933.
Cautionary Note Concerning
Forward-Looking Statements
Disclosures in this press release contain “forward-looking
statements.” All statements, other than statements of historical
facts, included in this press release that address activities,
events or developments that management expects, believes or
anticipates will or may occur in the future are forward-looking
statements. Without limiting the generality of the foregoing,
forward-looking statements contained in this press release
specifically include the expectations of plans, strategies, and
objectives, including guidance regarding the timing of filing of a
registration statement for an initial public offering and whether a
registration statement will ever be filed, whether a public
offering will ultimately occur, and the assets to be held by the
newly-formed entity. These statements involve risks and
uncertainties that could cause actual results to differ materially
from projected results, anticipated results or other expectations
expressed in this press release, including, without limitation, due
to the fact that GP Holdings’ business plans and strategy may
change as circumstances warrant, securities may not ultimately be
offered, GP Holdings may not be able to raise the planned amount of
capital even if the offering of securities is completed, the
planned assets to be owned by the newly-formed entity may change
and GP Holdings may not be able to complete the proposed actions on
the timetable indicated. Accordingly, investors should not place
undue reliance on forward-looking statements as a prediction of
actual results. GP Holdings has based these forward-looking
statements on current expectations and assumptions about future
events. Such statements are subject to a number of assumptions,
risks and uncertainties, many of which are beyond the control of GP
Holdings, which may cause actual results to differ materially from
those implied or expressed by the forward-looking statements. These
include risks set forth in reports filed by TEP with the SEC. Any
forward-looking statement applies only as of the date on which such
statement is made and GP Holdings does not intend to correct or
update any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by
law.
Tallgrass EnergyInvestor RelationsNate Lien,
913-928-6012investor.relations@tallgrassenergylp.comorMedia and
Trade InquiriesPhyllis Hammond,
913-928-6014media.relations@tallgrassenergylp.com
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