Last train: PES Logistics Partners LP withdraws $250 million IPO

PES Logistics Partners LP, a PE-backed MLP with a crude oil rail unloading terminal in Philadelphia, withdrew its plans for an initial public offering on Wednesday. It originally filed in September 2014 with a proposed deal size of $250 million.

The Philadelphia, PA-based company was formed in 2014. It had planned to list on the NYSE under the symbol PESL. BofA Merrill Lynch, Credit Suisse, Goldman Sachs, Barclays, Jefferies and J.P. Morgan were set to be the joint bookrunners on the deal.