Regency Energy Partners Announces Pricing of Upsized Public Offering of Common Units

DALLAS--(BUSINESS WIRE)--Regency Energy Partners LP (Nasdaq: RGNC) today announced that it has priced an upsized public offering of 10,500,000 common units representing limited partner interests at $19.12 per common unit. In connection with the offering, Regency granted the underwriters a 30-day option to purchase up to an additional 1,575,000 common units. Regency intends to use the net proceeds from the offering to repay outstanding indebtedness under its revolving credit facility. The offering is scheduled to close on December 7, 2009.

UBS Investment Bank, BofA Merrill Lynch, J.P. Morgan, Morgan Stanley and Wells Fargo Securities are joint book-running managers for the offering.

The offering may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. A copy of the prospectus supplement and accompanying prospectus meeting such requirements relating to the offering may be obtained from the following addresses:

UBS Investment Bank Attn: Prospectus Department 299 Park Avenue New York, NY 10171 Toll free: [phone]	BofA Merrill Lynch Attn: Preliminary Prospectus Department 4 World Financial Center New York, NY 10080 [e-mail]	J.P. Morgan via Broadridge Financial Solutions 1155 Long Island Ave Edgewood, NY 11717 Toll free: [phone]
Morgan Stanley Attn: Prospectus Department 180 Varick Street, 2nd floor New York, NY 10014 Toll free: [phone] [e-mail]	Wells Fargo Securities Attn: Equity Syndicate Department 375 Park Avenue New York, NY 10152 Toll free: [phone] [e-mail]

Regency Energy Partners LP (Nasdaq: RGNC) is a growth-oriented, midstream energy partnership engaged in the gathering and processing, contract compression, marketing and transportation of natural gas and natural gas liquids. Regency’s general partner is majority-owned by an affiliate of GE Energy Financial Services, a unit of GE (NYSE: GE).

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the units described herein, nor shall there be any sale of these units in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Statements about the proposed offering are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of Regency Energy Partners LP, and a variety of risks that could cause results to differ materially from those expected by management of Regency Energy Partners LP.