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Summit Midstream prices IPO at $20 midpoint

By Renaissance Capital,  September 27, 2012, 07:44:21 PM EDT

Summit Midstream Partners, which owns natural gas gathering systems and pipelines in Texas and Colorado, raised $250 million by offering 12.5 million shares at $20, the midpoint of the $19-$21 range. Summit Midstream Partners plans to list on the NYSE under the symbol SMLP. Barclays, BofA Merrill Lynch, Goldman Sachs and Morgan Stanley acted as book runners on the deal.




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: SMLP



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