IPO News Archive

Niska Gas Storage Partners LLC plans a $403 million IPO

2/22/10


Niska Gas Storage Partners LLC, the largest independent owner and operator of natural gas storage assets in North America, filed on Monday with the SEC to raise up to $403 million in an initial public offering. Since its inception in March of 2006, the Gridley, CA-based company has increased its gas storage capacity by 41 billion cubic feet (Bcf) to reach 186 Bcf. Niska Gas Storage booked $181 million in sales over the last 12 months and plans to offer 17.5 million units on the NYSE under the symbol NKA. No pricing terms were disclosed.

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Latest User Comments
Goldman [censored]!! 5/13/2010 11:57:25 AM
Posted by: ipodog
Goldman is nothing but a bunch of thieves and [censored]. Who prices in the middle of a range and opens a deal down $1. Thieves....nothing more!!! Always have been, always will be....
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