JP Energy Partners LP - 2014-09-22

Description

Opened IPO of about 13.8 million common units at $20 each. Underwriters given option to purchase about 2 million additional units. Proceeds will pay offering expenses, redeem all issued, outstanding Series D preferred units and repay debt. Units approved to list on New York Stock Exchange under symbol “JPEP.” Barclays Plc, BofA Merrill Lynch, RBC Capital Markets and Deutsche Bank Securities Inc. are joint book-running managers. BMO Capital Markets, Baird, Simmons & Co. International, Stephens Inc. and Janney Montgomery Scott LLC are co-managers.

Click here to go back to the search page
Estimated Price
$257.1MM
Financing Type
Report Date