SEC Company Response from USA Compression Partners, LP (USAC) (CIK 0001522727) (USAC) — Apr 3, 2012
USA Compression Partners, LP (USAC) (CIK 0001522727)
Date: April 3, 2012 · CIK: 0001522727 · Accession: 0001104659-12-023706
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-174803
Letter
811 Main Street, Suite 3700
Houston, TX 77002
Tel: +1.713.546.5400 Fax: +1.713.546.5401
www.lw.com
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April 3, 2012
Via EDGAR
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549-4628
Attn: Mara L. Ransom, Assistant Director
Re: USA Compression Partners, LP Registration Statement on Form S-1 Filed April 3, 2012
Ladies and Gentlemen:
Concurrently with the submission of this letter, USA Compression Partners, LP, a Delaware limited partnership (the “Partnership”), has filed via EDGAR a Registration Statement on Form S-1 (the “DRIP Registration Statement”) for the purpose of registering units to be issued by the Partnership under a distribution reinvestment plan (the “DRIP”). The Partnership is currently in registration with respect to its initial public offering, for which it has filed a separate Registration Statement on Form S-1 (File No. 333-174803) (the “IPO Registration Statement”). The contacts within the Division of Corporation Finance on the IPO Registration Statement are Scott Stringer, Staff Accountant, Andrew Mew, Accounting Branch Chief, Ronald E. Alper, Staff Attorney, Catherine Brown, Staff Attorney and Mara L. Ransom, Assistant Director.
The Partnership intends for the DRIP to be available as soon as possible following effectiveness of the IPO Registration Statement so that interested unit holders can participate in the DRIP for the Partnership’s first quarterly dividend as a public company. The Partnership has determined not to wait for completion of its initial public offering to file the DRIP Registration Statement so that the review process on the DRIP Registration Statement could be commenced now and, if possible, be completed prior to its initial public offering.
The DRIP Registration Statement and the IPO Registration Statement are substantially similar except for disclosures related to the DRIP and the IPO, respectively. Accordingly, the Partnership respectfully requests that review of the DRIP Registration Statement be coordinated with the review of the IPO Registration Statement. The Partnership notes that it has received and responded to multiple rounds of comments on the IPO Registration Statement and that the review of the IPO Registration Statement appears to be nearing completion.
Please do not hesitate to contact me by telephone at (713) 546-7418 or by fax at (713) 546-5401 or Keith Benson by telephone at (415) 646-8307 or by fax at (415) 395-8095 with any questions or comments regarding this correspondence.
Very truly yours,
/s/ Sean T. Wheeler
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CORRESP 1 filename1.htm 811 Main Street, Suite 3700 Houston, TX 77002 Tel: +1.713.546.5400 Fax: +1.713.546.5401 www.lw.com FIRM / AFFILIATE OFFICES Abu Dhabi Moscow Barcelona Munich Beijing New Jersey Boston New York Brussels Orange County Chicago Paris Doha Riyadh Dubai Rome Frankfurt San Diego Hamburg San Francisco Hong Kong Shanghai Houston Silicon Valley London Singapore Los Angeles Tokyo Madrid Washington, D.C. Milan April 3, 2012 Via EDGAR Securities and Exchange Commission Division of Corporation Finance 100 F Street, N.E. Washington, D.C. 20549-4628 Attn: Mara L. Ransom, Assistant Director Re: USA Compression Partners, LP Registration Statement on Form S-1 Filed April 3, 2012 Ladies and Gentlemen: Concurrently with the submission of this letter, USA Compression Partners, LP, a Delaware limited partnership (the “Partnership”), has filed via EDGAR a Registration Statement on Form S-1 (the “DRIP Registration Statement”) for the purpose of registering units to be issued by the Partnership under a distribution reinvestment plan (the “DRIP”). The Partnership is currently in registration with respect to its initial public offering, for which it has filed a separate Registration Statement on Form S-1 (File No. 333-174803) (the “IPO Registration Statement”). The contacts within the Division of Corporation Finance on the IPO Registration Statement are Scott Stringer, Staff Accountant, Andrew Mew, Accounting Branch Chief, Ronald E. Alper, Staff Attorney, Catherine Brown, Staff Attorney and Mara L. Ransom, Assistant Director. The Partnership intends for the DRIP to be available as soon as possible following effectiveness of the IPO Registration Statement so that interested unit holders can participate in the DRIP for the Partnership’s first quarterly dividend as a public company. The Partnership has determined not to wait for completion of its initial public offering to file the DRIP Registration Statement so that the review process on the DRIP Registration Statement could be commenced now and, if possible, be completed prior to its initial public offering. The DRIP Registration Statement and the IPO Registration Statement are substantially similar except for disclosures related to the DRIP and the IPO, respectively. Accordingly, the Partnership respectfully requests that review of the DRIP Registration Statement be coordinated with the review of the IPO Registration Statement. The Partnership notes that it has received and responded to multiple rounds of comments on the IPO Registration Statement and that the review of the IPO Registration Statement appears to be nearing completion. Please do not hesitate to contact me by telephone at (713) 546-7418 or by fax at (713) 546-5401 or Keith Benson by telephone at (415) 646-8307 or by fax at (415) 395-8095 with any questions or comments regarding this correspondence. Very truly yours, /s/ Sean T. Wheeler Sean T. Wheeler of Latham & Watkins LLP cc: J. Gregory Holloway, USA Compression Partners, LP Keith Benson, Latham & Watkins LLP 2