Western Gas Equity prices IPO at $22.00, above the range

By Renaissance Capital,

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Western Gas Equity Partners LP, which holds GP and LP interests in midstream natural gas LP Western Gas Partners, raised $378 million by offering 17.2 million shares at $22, above the range of $19 to $21. Western Gas Equity Partners LP plans to list on the NYSE under the symbol WGP. Barclays, Citi, Deutsche Bank and Morgan Stanley 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 Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: WGP

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