IPO News Archive
Chesapeake Midstream prices IPO at $21, the high end of the range
7/28/10
Chesapeake Midstream Partners, an L.P. formed by Chesapeake Energy and GIP to operate natural gas gathering systems, raised $446 million by offering 21.25 million shares at $21.00, the high end of the $19-$21 range. The company plans to list on the NYSE under the symbol "CHKM". UBS Investment Bank, Citi, and Morgan Stanley were the lead underwriters on the IPO.
Source: www.RenaissanceCapital.com
Latest User Comments
LP taxes 7/30/2010 12:41:50 PM
Posted by: rschleic
The thing that always annoys me with buying shares of LP''s, especially oil and gas LPs, is that you usually end up with piddling amounts of taxable income in multiple states, some of which require fi...
@ 23 theres still a few more dollars left on the table 7/29/2010 1:07:39 PM
Posted by: Starttra
So 25 would seam about right for now. that number would bring it in line with its peers..... remember this is Chesapeake ;-)...