Oiltanking Partners Prices 2.6M Common Unit Public Offering at $61.65/Unit

Oiltanking Partners, L.P. OILT today announced that it has priced its public offering of 2,600,000 common units representing limited partner interests at a price to the public of $61.65 per common unit.  The Partnership has granted the underwriters a 30-day option to purchase up to 390,000 additional common units.  The offering is expected to settle and close on November 22, 2013, subject to customary closing conditions.  The Partnership intends to use the net proceeds from this offering, including any net proceeds from the underwriters' exercise of their option to purchase additional common units, to reduce indebtedness outstanding under its revolving credit facility, fund ongoing expansion projects and for general partnership purposes. Citigroup, Barclays, Deutsche Bank Securities, J.P. Morgan, Wells Fargo Securities and RBC Capital Markets are acting as joint book-running managers for the offering. Goldman, Sachs & Co. and U.S. Capital Advisors are acting as co-managers for the offering. The offering will be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from: Citigroup Attention: Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 1-800-831–9146 batprospectusdept@citi.com Barclays Attention: Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 1-888-603-5847 Barclaysprospectus@broadridge.com Deutsche Bank Securities Attention: Prospectus Group 60 See full press release