Per a filing with the US Securities and Exchange Commission, BP Midstream Partners intends to sell 42.5 million units. The sale, which excludes underwriters' option, is anticipated in the price band of US$19 - 21 each.
A unit of British oil giant BP plc BP, BP Midstream Partners, is planning to raise funds from its initial public offering of about US$893 million.
Per a filing with the US Securities and Exchange Commission, BP Midstream Partners intends to sell 42.5 million units. The sale, which excludes underwriters' option, is anticipated in the price band of US$19 - 21 each.
