UK-based shuttle tanker operator KNOT Offshore Partners files for US IPO

By
A A A

KNOT Offshore Partners LP, a recently formed LP which will own, operate and acquire shuttle tankers under long-term charters, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

The Aberdeen, United Kingdom-based company, which was formed in 2013 and booked $66 million in revenues for 2012 fiscal year, plans to list on the NYSE under the symbol KNOP. BofA Merrill Lynch and Citi 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: KNOP

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

Most Active by Volume

106,679,460
  • $17.03 ▲ 0.47%
101,357,777
  • $38.65 ▼ 5.57%
61,830,117
  • $89.89 ▼ 4.26%
54,116,071
  • $5.11 ▼ 4.49%
50,121,934
  • $101.06 ▲ 0.10%
49,993,927
  • $3.52 ▼ 1.40%
47,717,687
  • $11.44 ▼ 4.67%
44,793,169
  • $99.05 ▼ 0.93%
As of 9/22/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com