OMAHA, Neb., June 25, 2015 (GLOBE NEWSWIRE) -- Green Plains Partners LP ("Green Plains Partners") today announced the pricing of its initial public offering of 10,000,000 common units representing limited partner interests at a public offering price of $15.00 per common unit. The common units are expected to begin trading on the Nasdaq Global Market under the ticker symbol "GPP" on June 26, 2015. In addition, Green Plains Partners has granted the underwriters an option to purchase up to an additional 1,500,000 common units at the initial public offering price. The offering is expected to close on July 1, 2015, subject to the satisfaction of customary closing conditions.

The common units being offered to the public represent an approximate 30.8% limited partner interest in Green Plains Partners, or an approximate 35.5% limited partner interest if the underwriters exercise, in full, their option to purchase additional common units. Green Plains Inc. (Nasdaq:GPRE) and certain of its subsidiaries will own the remaining limited partner interest in Green Plains Partners as well as its 2.0% general partner interest and its Incentive Distribution Rights. Green Plains Partners intends to use the proceeds from this offering to make a distribution to Green Plains Inc., to pay origination fees under a new revolving credit facility, and for general partnership purposes.

Green Plains Partners LP is a fee-based Delaware limited partnership recently formed by its parent, Green Plains Inc., to provide ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.

Barclays, BofA Merrill Lynch, Credit Suisse, Macquarie Capital and RBC Capital Markets are acting as joint book-running managers for the offering, and Baird, Raymond James, Stephens Inc. and Stifel are acting as co-managers for the offering. The offering of these securities is being made only by means of a prospectus. When available, a copy of the prospectus may be obtained from:

Barclays BofA Merrill Lynch
c/o Broadridge Financial Solutions 222 Broadway
1155 Long Island Avenue New York, NY 10038
Edgewood, NY 11717 Attn: Prospectus Department
1-888-603-5847 email:  
Credit Suisse Macquarie Capital
Attention: Prospectus Department Attention: Prospectus Department
Eleven Madison Avenue, Level 1B 125 West 55th Street, 22nd Floor
New York, NY 10010 New York, NY 10019
Telephone: 1-800-221-1037 (888) 268-3937
RBC Capital Markets  
200 Vesey Street, 8th Floor  
New York, New York 10281  
Attention: Equity Syndicate Department  
1 877 822 4089  

When available, to obtain a copy of the prospectus free of charge, visit the SEC's website at

A registration statement relating to these securities has been filed with and declared effective by the SEC.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

Forward-Looking Statements

This press release may include forward-looking statements within the meaning of the federal securities laws. Statements that do not relate strictly to historical or current facts are forward-looking. These statements contain words such as "possible," "if," "will" and "expect" and involve risks and uncertainties including, among others, that Green Plains Partners' business plans may change as circumstances warrant and securities of Green Plains Partners may not ultimately be offered to the public because of general market conditions or other factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Green Plains Partners' prospectus and SEC filings. Green Plains Partners undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Company Contact: 							
Jim Stark, Vice President - Investor and Media Relations			
Green Plains Partners LP 					
(402) 884-8700