JP Energy Partners LP prices IPO at $20 midpiont

JP Energy Partners LP, an MLP that owns a diverse set of midstream energy assets, raised $275 million by offering 13.8 million shares at $20, within the range of $19 to $21. JP Energy Partners LP plans to list on the NYSE under the symbol JPEP. Barclays, BofA Merrill Lynch, Deutsche Bank and RBC Capital Markets acted as lead managers on the deal.