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Permian oil play Brigham Minerals prices upsized IPO at $18 high end

Brigham Minerals, which owns oil and gas mineral royalty interests underlying 68,800 acres across the US, raised $261 million by offering 14.5 million shares at $18, selling an additional 1.0 million shares at the high end of the $15 to $18 range.

Brigham Minerals plans to list on the NYSE under the symbol MNRL. Credit Suisse, Goldman Sachs, Barclays, RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities acted as lead managers on the deal.

The article Permian oil play Brigham Minerals prices upsized IPO at $18 high end originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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