BreitBurn Energy Partners L.P. (NASDAQ:BBEP) and EIG Global Energy Partners (EIG) announced a “definitive agreements whereby Breitburn will sell $350 million of perpetual convertible preferred units and $650 million of senior secured notes in simultaneous private offerings to investment funds managed by EIG, and other purchasers. These offerings are expected to close on April 8, 2015, subject to the approval of an amendment to Breitburn’s senior credit facility and satisfaction of other customary closing conditions.” Closing occurred on April 8 [Source] as scheduled.