Valero Energy Partners prices IPO at $23, above the range

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Valero Energy Partners, a Valero-backed limited partnership that owns pipeline and logistics assets, raised $345 million by offering 15 million shares at $23, above the range of $19 to $21. Valero Energy Partners plans to list on the NYSE under the symbol VLP. J.P. Morgan, Barclays, Citi, RBC Capital Markets and Wells Fargo acted as lead managers 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.



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Referenced Stocks: VLP

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