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Transporter of refined petroleum products Buckeye GP Holdings announces terms for IPO

July 5, 2006
BGH

Buckeye GP Holdings, the General Partner of Buckeye which transports and stores refined petroleum products in the US, announced the terms for its IPO on Wednesday. The Emmaus, PA based company plans to offer 14.1 million units at a range of $19-$21. The proposed market cap for the deal is $566 million. Joint book runners Goldman Sachs, Merrill Lynch, Citigroup Global Markets and UBS have yet to announce timing for the deal.