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Pioneer Southwest Energy Partners amends IPO terms

March 31, 2008
PSE

Pioneer Southwest Energy Partners, a limited partnership formed to own and acquire oil and gas properties in Texas and New Mexico, revised the terms for its IPO on Monday. The company now plans to offer 8.25 million units, 10% more than previously expected, at the same $19 to $21 price range. Citi, Deutsche Bank, and UBS are the lead underwriters on the deal.