Credit: Shutterstock photoRice Midstream Partners LP, a Rice Energy-backed MLP with natural gas gathering pipelines in the Marcellus, raised $413 million by offering 25 million shares at $16.50, well below the range of $19 to $21. Rice Midstream Partners LP plans to list on the NYSE under the symbol RMP. Rice Midstream Partners LP initially filed confidentially on 10/3/2014. Barclays, Citi, Wells Fargo Securities, Goldman Sachs and RBC Capital Markets acted as lead managers on the deal.
The article Rice Midstream Partners prices IPO at $16.50, well below the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
