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Genesis Energy, L.P. Prices Public Offering of Common Units

Genesis Energy, L.P. (GEL) today announced the pricing of a registered underwritten public offering of 4,000,000 common units representing limited partner interests at $44.42 per common unit. We granted the underwriters a 30-day option to purchase up to 600,000 additional common units from us. We intend to use the net proceeds from the offering, including any net proceeds from the underwriters’ exercise of their option to purchase additional common units, for general partnership purposes, including funding acquisitions (including organic growth projects) or repaying a portion of the borrowings outstanding under our revolving credit facility.

Wells Fargo Securities, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, RBC Capital Markets, Credit Suisse, Raymond James and UBS Investment Bank are acting as joint book-running managers for the offering. Baird, BMO Capital Markets and Janney Montgomery Scott are acting as co-managers. The offering is expected to settle and close on April 10, 2015, subject to customary closing conditions.

The offering may be made only by means of a prospectus supplement and accompanying base prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Copies of the final prospectus supplement and accompanying base prospectus relating to this offering, when available, may be obtained from:

Wells Fargo Securities
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, NY 10152
Telephone: (800) 326-5897


BofA Merrill Lynch
Attn: Prospectus Department
222 Broadway
New York, NY 10038


c/o Broadridge Financial Solutions
1155 Long Island Ave.
Edgewood, NY 11717
Telephone: (800) 831-9146


Deutsche Bank Securities
Attn: Prospectus Group
60 Wall Street
New York, NY 10005
Telephone: (800) 503-4611


RBC Capital Markets
Attn: Prospectus Department
Three World Financial Center
200 Vesey Street, 8th Floor
New York, NY 10281-8098
Telephone: (877) 822-4089
Credit Suisse
Attn: Prospectus Department
One Madison Avenue
New York, NY 10010
Telephone: (800) 221-1037


Raymond James
Attn: Equity Syndicate
880 Carillon Parkway
St. Petersburg, FL 33716
Telephone: (800) 248-8863


UBS Investment Bank
Attn: Prospectus Dept.
299 Park Avenue
New York, NY 10171
Telephone: (888) 827-7275

You may also obtain these documents for free, when they are available, by visiting the SEC’s website at

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities nor shall there be any sale of these securities 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. The offer is being made only through the prospectus supplement and accompanying base prospectus, each of which is part of our effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include onshore and offshore pipeline transportation, refinery services, marine transportation and supply and logistics. Genesis’ operations are primarily located in Texas, Louisiana, Arkansas, Mississippi, Alabama, Florida, Wyoming and the Gulf of Mexico.

This press release includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, we can give no assurance that our goals will be achieved, including statements regarding our ability to close the offering successfully and to use the net proceeds as indicated above. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward-looking statement.

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