0001104659-19-020474.txt : 20190409 0001104659-19-020474.hdr.sgml : 20190409 20190409161550 ACCESSION NUMBER: 0001104659-19-020474 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190409 DATE AS OF CHANGE: 20190409 GROUP MEMBERS: HIGHSTAR CAPITAL GP IV HOLDINGS GROUP MEMBERS: HIGHSTAR CAPITAL GP IV, L.P. GROUP MEMBERS: HIGHSTAR CAPITAL GP IV, LLC GROUP MEMBERS: HIGHSTAR CAPITAL NGL CO-INVEST MANAGER LLC GROUP MEMBERS: HIGHSTAR NGL MAIN INTERCO LLC GROUP MEMBERS: HIGHSTAR NGL PRISM/IV-A INTERCO LLC GROUP MEMBERS: NGL CIV A, LLC GROUP MEMBERS: NGL PRISM/IV-A BLOCKER LLC GROUP MEMBERS: OAKTREE CAPITAL GROUP HOLDINGS GP, LLC GROUP MEMBERS: OAKTREE CAPITAL II, L.P. GROUP MEMBERS: OAKTREE FUND GP II, L.P. GROUP MEMBERS: OAKTREE HOLDINGS, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NGL Energy Partners LP CENTRAL INDEX KEY: 0001504461 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172] IRS NUMBER: 273427920 STATE OF INCORPORATION: TX FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86435 FILM NUMBER: 19739634 BUSINESS ADDRESS: STREET 1: 6120 S. YALE STREET 2: SUITE 805 CITY: TULSA STATE: OK ZIP: 74136 BUSINESS PHONE: 918.481.1119 MAIL ADDRESS: STREET 1: 6120 S. YALE STREET 2: SUITE 805 CITY: TULSA STATE: OK ZIP: 74136 FORMER COMPANY: FORMER CONFORMED NAME: Silverthorne Energy Partners LP DATE OF NAME CHANGE: 20101028 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Oaktree Capital Group, LLC CENTRAL INDEX KEY: 0001403528 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 333 SOUTH GRAND AVENUE STREET 2: 28TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: (213) 830-6300 MAIL ADDRESS: STREET 1: 333 SOUTH GRAND AVENUE STREET 2: 28TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13D/A 1 a19-8004_1sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

NGL Energy Partners LP

(Name of Issuer)

 

Common Units Representing Limited Partner Interests

(Title of Class of Securities)

 

62913M107

(CUSIP Number)

 

Todd E. Molz

Managing Director and General Counsel

Oaktree Capital Group Holdings GP, LLC

333 South Grand Avenue, 28th Floor

Los Angeles, California 90071

(213) 830-6300

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

April 5, 2019

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. o

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Highstar NGL Prism/IV-A Interco LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
3,938,046

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
3,938,046

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
3,938,046

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
3.1%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

1

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Highstar NGL Main Interco LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
2,737,546

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
2,737,546

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
2,737,546

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
2.1%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

2

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
NGL CIV A, LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
5,804,860

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
5,804,860

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
5,804,860

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
4.4%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

3

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
NGL Prism/IV-A Blocker LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
1,451,214

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
1,451,214

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
1,451,214

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
1.1%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

4

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Highstar Capital NGL Co-Invest Manager LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
5,804,860

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
5,804,860

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
5,804,860

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
4.4%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

5

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Highstar Capital GP IV, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
PN

 

6

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Highstar Capital GP IV, LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

7

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Highstar Capital GP IV Holdings

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
CO

 

8

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Oaktree Fund GP II, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
PN

 

9

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Oaktree Capital II, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
PN

 

10

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Oaktree Holdings, Inc.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
CO

 

11

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Oaktree Capital Group, LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

12

 

CUSIP No. 62913M107

13D

 

 

 

1

Names of Reporting Persons
Oaktree Capital Group Holdings GP, LLC

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0

 

8

Shared Voting Power
13,931,666

 

9

Sole Dispositive Power
0

 

10

Shared Dispositive Power
13,931,666

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
13,931,666

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares   o

 

 

13

Percent of Class Represented by Amount in Row (11)
10.1%

 

 

14

Type of Reporting Person
OO (Delaware limited liability company)

 

13

 

CUSIP No. 62913M107

13D

 

 

Explanatory Note

 

This Amendment No. 1 to Schedule 13D (this “Amendment No. 1”) amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the “SEC”) on March 22, 2019 (the “Schedule 13D”), relating to Common Units Representing Limited Partner Interests (the “Common Units”), of NGL Energy Partners LP, a Delaware corporation (the “Issuer”) whose principal executive offices are located at 6120 South Yale Avenue, Suite 805, Tulsa, Oklahoma that would be acquired upon a conversion of the Class A 10.75% Convertible Preferred Units. Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D.

 

Item 4.           Purpose of Transaction.

 

Item 4 of the Schedule 13D is amended and supplemented by adding the following:

 

On April 2, 2019, the Issuer delivered a notice of redemption (the “Redemption Notice”) for 7,468,874 shares of the Preferred Units. Pursuant to the Redemption Notice, on April 5, 2019, 7,468,874 Preferred Units held by reporting person were redeemed for $13.7678 per Preferred Unit, or an aggregate of $102,829,963. Also on April 5, 2019, Highstar Prism, Highstar Main, NGL CIV and NGL Blocker exercised warrants to purchase 412,237, 286,567, 607,654 and 151,913 Common Units, respectively, in accordance with the warrant terms at an exercise price of $0.01 per Common Unit.

 

Item 5.           Interest in Securities of the Issuer.

 

Item 5(a) - (b) of the Schedule 13D is amended and restated in its entirety by inserting the following information:

 

(a) – (b)

 

The following sets forth, as of the date of this Schedule 13D, the aggregate number of Common Units and percentage of Common Units beneficially owned by each of the Reporting Persons, as well as the number of Common Units as to which each Reporting Person has the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition of, as of the date hereof, based on 124,033,723 Common Units outstanding on February 4, 2019, and

 

14

 

CUSIP No. 62913M107

13D

 

 

assumes the conversion of the Preferred Units owned by the Reporting Persons into Common Units on a one-to-one basis.

 

Reporting Person

 

Amount
beneficially
owned

 

Percent
of class

 

Sole
power to
vote or
to direct
the vote

 

Shared
power to
vote or to
direct the
vote

 

Sole
power to
dispose or
to direct
the
disposition

 

Shared
power to
dispose or
to direct
the
disposition

 

Highstar NGL Prism/IV-A Interco LLC

 

3,938,046

 

3.1

%

0

 

3,938,046

 

0

 

3,938,046

 

Highstar NGL Main Interco LLC

 

2,737,546

 

2.1

%

0

 

2,737,546

 

0

 

2,737,546

 

NGL CIV A, LLC

 

5,804,860

 

4.4

%

0

 

5,804,860

 

0

 

5,804,860

 

NGL Prism/IV-A Blocker LLC

 

1,451,214

 

1.1

%

0

 

1,451,214

 

0

 

1,451,214

 

Highstar Capital NGL Co-Invest Manager LLC

 

5,804,860

 

4.4

%

0

 

5,804,860

 

0

 

5,804,860

 

Highstar Capital GP IV, L.P.

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

Highstar Capital GP IV, LLC

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

Highstar Capital GP IV Holdings

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

Oaktree Fund GP II, L.P.

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

Oaktree Capital II, L.P.

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

Oaktree Holdings, Inc.

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

Oaktree Capital Group, LLC

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

Oaktree Capital Group Holdings GP, LLC

 

13,931,666

 

10.1

%

0

 

13,931,666

 

0

 

13,931,666

 

 

Highstar Prism, Highstar Main, NGL CIV and NGL Blocker are the record holders of 412,237, 286,567, 607,654 and 151,913 Common Units, respectively. In addition, Highstar Prism, Highstar Main, NGL CIV and NGL Blocker are the record holders of 3,525,809, 2,450,979, 5,197,206 and 1,299,301 Preferred Units, respectively.

 

Highstar Co-Invest is the managing member of NGL CIV and as a result may be deemed to share beneficial ownership of the securities held of record by NGL CIV.

 

Highstar GP IV is one of two members of Highstar Prism and is the non-member manager of the other member. In addition, Highstar GP IV is the non-member manager of Highstar Main and is the managing member of NGL Blocker and Highstar Co-Invest. As a result, Highstar GP IV may deemed to share beneficial ownership of the securities held of record by each of the Purchasers.

 

Oaktree Capital Group Holdings GP, LLC is the duly elected manager of Oaktree Capital Group, LLC, which is the sole shareholder of Oaktree Holdings, Inc., which is the general partner of Oaktree Capital II, L.P., which is the general partner of Oaktree Fund GP II, L.P., which is the sole shareholder of Highstar Capital GP IV Holdings, which is the sole member of Highstar Capital GP IV, LLC, which is the general partner of Highstar GP IV. Oaktree Capital Group Holdings GP, LLC is a limited liability company managed by the OCGH GP Members. As a result, each of the foregoing entities and individuals may be deemed to share beneficial

 

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CUSIP No. 62913M107

13D

 

 

ownership of the securities beneficially owned by Highstar GP IV. Each such entity or person disclaims any such beneficial ownership of such securities.

 

(c)           Except as reported in Item 4 above, since the initial filing of the Schedule 13D none of the Reporting Persons or the OCGH GP Members has effected any transactions in the Common Units.

 

(d)           None.

 

(e)           Not applicable.

 

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CUSIP No. 62913M107

13D

 

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:      April 9, 2019

 

 

 

 

 

Highstar NGL Prism/IV-A Interco LLC

 

By: Highstar Capital GP IV, L.P., its managing member

 

By: Highstar Capital GP IV, LLC, its general partner

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Highstar NGL Main Interco LLC

 

By: Highstar Capital GP IV, L.P., its manager

 

By: Highstar Capital GP IV, LLC, its general partner

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

NGL CIV A, LLC

 

By: Highstar Capital NGL Co-Invest Manager LLC, its managing member

 

By: Highstar Capital GP IV, L.P., its managing member

 

By: Highstar Capital GP IV, LLC, its general partner

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

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CUSIP No. 62913M107

13D

 

 

 

 

 

 

NGL Prism/IV-A Blocker LLC

 

 

 

By: Highstar Capital GP IV, L.P., its managing member

 

By: Highstar Capital GP IV, LLC, its general partner

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Highstar Capital NGL Co-Invest Manager LLC

 

By: Highstar Capital GP IV, L.P., its managing member

 

By: Highstar Capital GP IV, LLC, its general partner

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Highstar Capital GP IV, L.P.

 

By: Highstar Capital GP IV, LLC, its general partner

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Highstar Capital GP IV, LLC

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Highstar Capital GP IV Holdings

 

By: Oaktree Capital Management, L.P., its director

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Vice President

 

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CUSIP No. 62913M107

13D

 

 

 

 

 

 

Oaktree Fund GP II, L.P.

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Oaktree Capital II, L.P.

 

By: Oaktree Holdings, Inc., its general partner

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Oaktree Holdings, Inc.

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Oaktree Capital Group, LLC

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

 

 

 

 

Oaktree Capital Group Holdings GP, LLC

 

 

 

 

By:

/s/ Henry Orren

 

Name:

Henry Orren

 

Title:

Authorized Signatory

 

19