Shell Midstream Partners Prices IPO

摘要

Shell Midstream Partners, a master limited partnership (MLP) formed by Royal Dutch Shell, said it expects its initial public offering of common units to be priced at $19-$21 per unit, valuing it at up to $1.42 billion (OD Jun.19'14). The Houston-based company's offering of 37.5 million units will raise $787.5 million at the top end of the expected range.