Wednesday, April 25, 2012

PetroLogistics plans to raise US$700 mln by offering 35 mln units at a price range of US$19-21

PetroLogistics LP, which operates the world's largest propane dehydrogenation facility, announced terms for its IPO. The Houston, TX-based company plans to raise $700 million by offering 35.0 million units (96% insider) at a price range of US$19-21.

For more details on PetroLogistics plans to raise US$700 mln by offering 35 mln units at a price range of US$19-21 click here

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