Credit: Shutterstock photoWestern Refining Logistics, an MLP formed by Western Refining to own midstream assets, raised $303 million by offering 13.75 million shares (10% above the 12.5 million shares originally planned) at $22, above the range of $19 to $21. Western Refining Logistics plans to list on the NYSE under the symbol WNRL. BofA Merrill Lynch, Barclays, Goldman Sachs 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 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.
