Golar LNG Partners LP (GMLP) IPO Prices at $22.50, Above Expected Range
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Golar LNG Partners LP (Nasdaq: GMLP) priced its 12,000,000 unit IPO at $22.50, which was above the expected range of $20-$22. Shares will start trading later today on the Nasdaq Global Market under the ticker "GMLP."
The offering is being made through Citi, BofA Merrill Lynch, Morgan Stanley, Raymond James, RBC Capital Markets, Wells Fargo Securities, BNP Paribas, DnB NOR Markets, and Evercore Partners.
Golar LNG Partners is a growth-oriented limited partnership formed by Golar LNG Limited (Nasdaq: GLNG) to own and operate floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters, which we define as charters of five years or more.
The offering is being made through Citi, BofA Merrill Lynch, Morgan Stanley, Raymond James, RBC Capital Markets, Wells Fargo Securities, BNP Paribas, DnB NOR Markets, and Evercore Partners.
Golar LNG Partners is a growth-oriented limited partnership formed by Golar LNG Limited (Nasdaq: GLNG) to own and operate floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters, which we define as charters of five years or more.
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