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Green Plains Partners LP prices IPO at $15, below the range

June 26, 2015
GPP

Green Plains Partners LP, a Green Plains-backed MLP that owns ethanol storage tanks and terminals, raised $150 million by offering 10 million shares at $15, below the range of $19 to $21. Green Plains Partners LP plans to list on the NASDAQ under the symbol GPP. Barclays, BofA Merrill Lynch, Credit Suisse, Macquarie Capital and RBC Capital Markets acted as lead managers on the deal.