Azure Midstream Partners LP, an MLP with natural gas gathering pipelines near the border of Texas and Louisiana, filed on Wednesday with the SEC to raise up to $175 million in an initial public offering.
The Dallas, TX-based company, which was founded in 2013 and booked $183 million in revenue for the 12 months ended September 30, 2014, plans to list on the NYSE under the symbol AZUR. Azure Midstream Partners LP initially filed confidentially on October 3, 2014. Citi and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.
