UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): March 30, 2015 (March 26, 2015)
Tallgrass Energy Partners, LP
(Exact name of registrant as specified in its charter)
Delaware | 001-35917 | 46-1972941 | ||
(State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
4200 W. 115th Street, Suite 350 Leawood, Kansas |
66211 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (913) 928-6060
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events
Exercise of Underwriters Option to Purchase Additional Common Units
Pursuant to the terms of the Underwriting Agreement (Underwriting Agreement) by and between the Partnership, on the one hand, and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc., on the other hand, as representatives of the several underwriters named in Schedule I thereto (Underwriters), the Underwriters provided notice on March 26, 2015 that they exercised their right to purchase an additional 1,200,000 common units representing limited partner interests in the Partnership (the Common Units) at a price to the public of $50.82 per Common Unit. The purchase of the additional Common Units closed on March 30, 2015.
A legal opinion relating to the Common Units is included as Exhibits 5.1 to this Current Report.
Required NYSE Governance Disclosures
As required by applicable provisions of the Listing Company Manual of the New York Stock Exchange (NYSE), Tallgrass Energy Partners, LP (TEP) hereby confirms the following items:
1. | The procedure by which a director is chosen to preside at the regularly scheduled executive sessions of the non-management/independent directors is set forth in TEPs Corporate Governance Guidelines, a copy of which can be reviewed here: http://tallgrassenergy.com/Investor%20Relations/Common_Files/Tallgrass%20Energy%20Partners%20Governance%20Guidelines%20(May%202013).pdf. |
2. | The method for interested parties to communicate directly with the presiding director or non-management/independent directors as a group is set forth in TEPs Corporate Governance Guidelines, a copy of which can be reviewed here: http://tallgrassenergy.com/Investor%20Relations/Common_Files/Tallgrass%20Energy%20Partners%20Governance%20Guidelines%20(May%202013).pdf. |
3. | TEPs audit committee charter is available on TEPs website and can be reviewed here: http://tallgrassenergy.com/Investor%20Relations/Common_Files/TEP%20-%20Audit%20Committee%20Charter%20(July%202014%20Update).pdf. |
Pursuant to the requirements in the NYSEs Listed Company Manual, the foregoing disclosures will prospectively be included in TEPs filings with the Securities and Exchange Commission on Form 10-K.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits. |
EXHIBIT |
DESCRIPTION | |
5.1 | Opinion of Baker Botts L.L.P. as to the legality of the securities being registered. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TALLGRASS ENERGY PARTNERS, LP | ||||||
By: | Tallgrass MLP GP, LLC, its general partner | |||||
By: | /s/ David G. Dehaemers, Jr. | |||||
David G. Dehaemers, Jr. | ||||||
President and Chief Executive Officer | ||||||
Date: March 30, 2015 |
INDEX TO EXHIBITS
EXHIBIT |
DESCRIPTION | |
5.1 | Opinion of Baker Botts L.L.P. as to the legality of the securities being registered. |
Exhibit 5.1
|
98 SAN JACINTO | AUSTIN | HOUSTON | |||
BLVD. | BEIJING | LONDON | ||||
SUITE 1500 | BRUSSELS | MOSCOW | ||||
AUSTIN, TEXAS | DALLAS | NEW YORK | ||||
78701-4078 | DUBAI | PALO ALTO | ||||
HONG KONG | RIO DE | |||||
TEL +1 | JANEIRO | |||||
512.322.2500 | RIYADH | |||||
FAX +1 512.322.2501 |
WASHINGTON | |||||
BakerBotts.com |
March 30, 2015
Tallgrass Energy Partners, LP
4200 W. 115th Street, Suite 350
Leawood, Kansas 66211
Ladies and Gentlemen:
We have acted as counsel to Tallgrass Energy Partners, LP, a Delaware limited partnership (the Partnership), in connection with the proposed offering and sale by the Partnership of an additional 1,200,000 common units representing limited partner interests in the Partnership (the Common Units) pursuant to that certain Underwriting Agreement dated February 24, 2015 (the Underwriting Agreement) by and among the Partnership, on the one hand, and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc., as representatives of the several underwriters named in Schedule I thereto (the Underwriters), on the other.
In connection with this opinion, we have examined and relied upon the accuracy of original, certified copies or photocopies of such records, agreements, certificates and other documents as we have deemed necessary or appropriate to enable us to render the opinions set out below, including (i) the registration statement on Form S-3 (Registration No. 333-196454) (the Registration Statement) filed by the Partnership with the Securities and Exchange Commission (the Commission) under the Securities Act of 1933, as amended (the Act); (ii) the prospectus included in the Registration Statement dated June 12, 2014 (the Base Prospectus); (iii) the prospectus supplement to the Base Prospectus dated February 24, 2015 (together with the Base Prospectus, the Prospectus); (iv) the Underwriting Agreement; (v) the Delaware Revised Uniform Limited Partnership Act (the Delaware LP Act) and (vi) the Partnerships records and documents, certificates of representatives of the Partnership and public officials, and other instruments and documents as we deemed necessary or advisable for the purposes of this opinion.
In making our examination, we have assumed that all signatures on documents examined by us are genuine, that all documents submitted to us as originals are authentic and complete, that all documents submitted to us as certified or photostatic copies conform with the original copies of such documents and that all information submitted to us was accurate and complete. In addition, we have relied, without independent investigation, upon the factual accuracy of the representations and warranties contained in the certificates we examined. We have also assumed that all Common Units will be issued and sold in the manner set forth in the Prospectus and the Underwriting Agreement and that any certificates for the Common Units will be duly countersigned, registered and electronically transmitted by the transfer agent and registrar for the Partnership.
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- 2 - | March 30, 2015 |
Based upon the foregoing, and subject to the assumptions, limitations and qualifications set forth herein, we are of the opinion that the Common Units have been duly authorized and, when issued and delivered by the Partnership against payment therefor in accordance with the Underwriting Agreement and as described in the Registration Statement, will be validly issued, fully paid and nonassessable.
The foregoing opinion is limited in all respects to the Delaware LP Act, as published in effect on the date hereof, and applicable reported judicial decisions, rules and regulations interpreting and implementing those laws. We express no opinion as to the effect of the laws of any other jurisdiction.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the Partnerships Current Report on Form 8-K dated on or about the date hereof, to the incorporation by reference of this opinion into the Registration Statement and to the reference to our firm under the caption Legal Matters in the Prospectus forming a part of the Registration Statement. In giving this consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.
The opinion expressed herein is given as of the date hereof and we undertake no obligations to supplement this opinion if any applicable law changes after such date or if we become aware of any facts that might change the opinion expressed herein after such date or for any other reason.
Very truly yours, |
/s/ Baker Botts L.L.P. |
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