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Last week Compressco Partners LP (ticker: GSJK), a master limited partnership which primarily deals with compression at the wellhead of oil and gas wells announced a massive new offering of units--as many as 17,000,000 (which will double their outstanding units).  The intent is the purchase of a privately held compression company (Compressor Systems Inc) for $825,000,000.  Compressor Systems is 3…

We are in a constant process of adding in securities that we have forgotten, overlooked or just completely 'spaced out' on.  Today we have added Arbor Realty Trust 7.375% Senior Notes to the exchange traded debt pages (we still have to add it to a couple more spots).Our reader 'Larry' is doing my job of proofreading our lists--which is good,…

Date Issued  5/12/2014 Shares Issued  2,200,000   Overallotment Shares  330,000 S&P Rating  NR Security Ticker Symbol   ABRN Market Traded ON   NYSE Interest Payment Paid on the 15th of February, May, August and November beginning on 8/15/2014 Quarterly Interest   .461   Annual Interest   1.844 Securities may be redeemed, at the issuers option, as early as 05/15/2017 for a redemption price of $25/share plus accrued…

July 21, 2014  10:05 pmWestlake Chemical Corporation is spinning off their ethylene production business into a new Master Limited Partnership. Westlake Chemical Corporation is a vertically integrated manufacturer of chemicals, polymers and fabricated building products.  Interestingly the new MLP will have 3 production facilities and a ethylene pipeline--a welcome fact since some of the more recent MLP's have had just…