Tag Archives: IPO

MLP Protocol 121313

Key Adjustments: Added Valero Energy Partners LP (VLP) to the Crude and Refined Products segment after its successful IPO at $23 per unit on December 10. VLP priced 15% above the mid-point of price talk with an initial indicated yield … Continue reading

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CQH IPO Preview Dec 2013

Cheniere Energy Partners LP Holdings, LLC (ticker CQH) is currently out on its IPO roadshow and looking to raise $600 million by selling 30 million shares (before the over-allotment) at a mid-point price of $20. They expect to price the deal Thursday December 12. … Continue reading

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VLP IPO Preview Dec 2013

Valero Energy Partners, LP (ticker VLP) is currently out on its IPO roadshow and looking to raise $300 million by selling 15 million common units (before the over-allotment) at a mid-point price of $20 with an indicated mid-point yield of 4.25%. They … Continue reading

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MLP Protocol 120613

Key Adjustments: Adjusted NGL for closing of its Gavilon acquisition. (Press Release) Adjusted Western Gas Partners (WES) for a 4.5 million common unit offering at $61.51 on December 2 (3% discount to prior close). Adjusted Seadrill Partners (SDLP) for its share of … Continue reading

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MLP Protocol 112913

Key Adjustments: Reworked and enhanced the MLP segment peer group sections in the full monthly report and reworked numerous other pages. Due to the additional pages added in the peer group sections some other pages were removed to try and keep overall … Continue reading

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MLP Protocol 111513

Key Adjustments: Adjusted Crestwood Midstream Partners LP (CMLP) for its acquisition of Arrow Midstream Holdings, LLC (“Arrow”) for approximately $750 million. (Press Release) Added Dynagas LNG Partners (DLNG) after its IPO at $18 on November 12, initial indicated yield of 8.1%. … Continue reading

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MLP Protocol 110813

Key Adjustments: Adjusted Enterprise Products Partners (EPD) for an 8 million unit offering at $62.05 on November 4 (upsized from 7.5 million, 2.3% discount to prior close). Added Arc Logistics Partners (ARCX) after its IPO at $19 on November 5, initial … Continue reading

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DLNG IPO Preview Nov 2013

Dynagas LNG Partners, LP (ticker DLNG) is currently out on its IPO roadshow and looking to raise $250 million by selling 12.5 million common units (before the over-allotment) at a mid-point price of $20 with an indicated mid-point yield of 7.3%. They expect … Continue reading

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MEP IPO Preview Nov 2013

Midcoast Energy Partners, LP (ticker MEP) is currently out on its IPO roadshow and looking to raise $370 million by selling 18.5 million common units (before the over-allotment) at a mid-point price of $20 with an indicated mid-point yield of 6.25%. … Continue reading

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MLP Protocol 110113

Key Adjustments: Enhanced Top 20 tables and other ranking tables to automatically color code tickers red if they have ever cut their distributions and orange if they are Variable rate MLPs (so no need to look it up anymore on the … Continue reading

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