Hi-Crush Partners files for $200 million IPO

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Hi-Crush Partners LP, a producer of proppants used in recovering hydrocarbons from oil and nat gas wells, filed on Monday with the SEC to raise up to $200 million in an initial public offering. Notable shareholders include private equity-firm Avista Capital Partners.

The Houston, TX-based company, which was founded in 2012 and booked $7 million in sales for the 12 months ended 3/31/2012, plans to list on the NYSE under the symbol HCLP. Barclays and Morgan Stanley 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

Referenced Stocks: HCLP

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