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Rose Rock Midstream (RRMS) Sees IPO Price of $19 - $21/Unit

December 1, 2011 1:34 PM EST
Rose Rock Midstream, L.P. (NYSE: RRMS), filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Units. Rose Rock plans to sell 7 million common units and sees an offering price of $19 - $21 per unit. The company plans to list on the New York Stock Exchange under the ticker "RRMS."

The offering is being made through Barclays Capital, Ctigroup, Deutsche Bank Securities, UBS Investment Bank, Baird, BNP PARIBAS, BOSC, Inc., Credit Agricole CIB, Natixis, RBS, and Scotia Capital.

Rose Rock is a growth-oriented Delaware limited partnership recently formed by SemGroup (Nasdaq: SEMG) to own, operate, develop and acquire a diversified portfolio of midstream energy assets.


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