Blackstone- and Cerberus-backed American Petroleum Tankers cancels withdrawal of $173 million IPO

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American Petroleum Tankers Partners LP, which provides seaborne transportation of refined petroleum products and crude oil, filed a form RW WD to cancel the withdrawal of its IPO on Friday. The company had previously submitted form RW to withdraw its IPO filing on November 15. The Plymouth Meeting, PA-based company, which was founded in 2010 and booked $96 million in sales for the 12 months ended June 30, 2013, plans to list on the NYSE under the symbol JAT. American Petroleum Tankers Partners LP initially filed confidentially on August 26, 2013. BofA Merrill Lynch, Barclays, Credit Suisse, UBS Investment Bank and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

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