Mon 19 Jan 2015, 06:07 GMT

Aegean files copy of underwriting agreement


45-page document is filed with the U.S. Securities and Exchange Commission (SEC).



Aegean Marine Petroleum has filed a 45-page document with the U.S. Securities and Exchange Commission (SEC) that contains a copy of the underwriting agreement, dated January 13, 2015, with Jefferies LLC - the investment banking firm acting as sole book-running manager for its proposed offering of $42 million of 4.00% convertible senior notes due 2018.

"Aegean Marine Petroleum Network Inc., a corporation existing under the laws of the Republic of the Marshall Islands (the "Company"), proposes to issue and sell to the several underwriters named in Schedule A (the "Underwriters") an aggregate principal amount of $42,000,000 of 4.00% Convertible Senior Notes due 2018 (the "Initial Securities"). The Initial Securities will be issued pursuant to an indenture (the "Base Indenture") dated as of October 23, 2013 between the Company and Deutsche Bank Trust Company Americas, as trustee (the "Trustee"), as supplemented by a supplemental indenture dated as of October 23, 2013 between the Company and the Trustee (the "Supplemental Indenture" and together with the Base Indenture, the "Indenture"). In addition, the Company has granted to the Underwriters an option to purchase up to an additional $6,300,000 aggregate principal amount of its 4.00% Convertible Senior Notes due 2018 as provided in Section 2 (the "Option Securities" and together with the Initial Securities, the "Securities"). The Securities will be convertible into shares of common stock, par value $0.01 per share (the "Common Stock"), of the Company (such shares, the "Conversion Shares") on the terms, and subject to the conditions, set forth in the Indenture. Jefferies LLC ("Jefferies") has agreed to act as representative of the several Underwriters (in such capacity, the "Representative") in connection with the offering and sale of the Securities. To the extent there are no additional underwriters listed on Schedule A, the term "Representative" as used herein shall mean you, as Underwriter, and the term "Underwriters" shall mean either the singular or the plural, as the context requires.

"The Securities will be a part of the same series of notes as the $86,250,000 principal amount of 4.00% Convertible Senior Notes due 2018 previously offered and issued on October 23, 2013," the underwriting agreement says.

For a full copy of the 45-page agreement, please click on the link below.

Underwriting agreement between Aegean Marine Petroleum and Jefferies LLC


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