Filed pursuant to Rule 433
Issuer Free Writing Prospectus dated March 19, 2008
Relating to Preliminary Prospectus Supplement dated March 18, 2008
Registration Statement No. 333-127868
Buckeye Partners, L.P.
2,300,000 Limited Partnership Units
Issuer: |
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Buckeye Partners, L.P. |
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Symbol: |
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BPL |
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Gross Proceeds: |
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$102,695,000 |
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Units offered: |
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2,300,000 limited partnership units |
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Over-allotment option: |
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345,000 limited partnership units |
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Price to public: |
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$44.65 per unit |
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Closing date: |
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March 26, 2008 |
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Underwriters: |
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Joint Book Running Managers: |
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Lehman Brothers Inc. |
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UBS Securities LLC |
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Co-Managers: |
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Wachovia Capital Markets, LLC |
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Citigroup Global Markets Inc. |
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Goldman, Sachs & Co. |
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Deutsche Bank Securities Inc. |
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J.P. Morgan Securities Inc. |
We have been advised by the underwriters that, prior to purchasing the limited partnership units being offered pursuant to the prospectus supplement, on March 19, 2008 one of the underwriters purchased, on behalf of the syndicate, 144,500 limited partnership units at an average price of $44.81 per unit in stabilizing transactions.
Buckeye Partners, L.P. has previously filed a registration statement on Form S-3 with the Securities and Exchange Commission (the SEC) for the offering to which this communication relates, which registration statement was declared effective on October 25, 2007. Before you invest, you should read the prospectus supplement to the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about Buckeye Partners, L.P. and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus relating to this offering may also be obtained from Lehman Brothers Inc., c/o Broadridge Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717, by email at Quiana.smith@broadridge.com, or by fax at (631) 254-7140; from UBS Investment Bank, Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171, toll free: (888) 827-7275; or from any of the other underwriters.