Cases & Deals

MPLX completes $230 million public offering of common units

Clients MPLX LP

Jones Day advised MPLX LP, formed by Marathon Petroleum Corporation, to own, operate, develop, and acquire pipelines and other midstream assets related to the transportation and storage of crude oil, refined products, and other hydrocarbon-based products, in connection with the $230 million public offering of 3,450,000 common units of limited partner interests of MPLX. BofA Merrill Lynch, J.P. Morgan, UBS Investment Bank, Wells Fargo Securities, Barclays, Citigroup, and Morgan Stanley acted as joint bookrunners for the offering.