Midstates Petroleum Co. - 2012-04-09
Description
Commenced an IPO 24,000,000 shares, with the company offering 18 million and the selling stockholders offering 6 million, with Midstates using its portion of proceeds to redeem preferred units that were previously issued by an affiliate of the company and to pay debt. Goldman, Sachs & Co., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are acting as joint book-running managers for the offering.