CEBA News

Two health care companies priced their delayed IPOs this week to raise a combined $132 million. In other IPO news, Snap broke below its issue price and the pipeline saw new filings from a high-growth retailer and a fracker, along with an energy withdrawal. Six companies also launched, filling up the calendar for the...read more

CEBA Midstream LP, an MLP carved out of SandRidge Energy to own saltwater gathering and disposal assets, withdrew its plans for an initial public offering on Wednesday. It originally filed in October 2014 with a proposed deal size of $100 million. Parent SandRidge Energy (NYSE: SD), filed for bankruptcy in May 2016, and emerged from bankruptcy in October. ...read more

MidCon Midstream LP, an MLP carved out of SandRidge Energy to own saltwater gathering and disposal assets in the Mid-Continent region, filed on Friday with the SEC to raise up to $100 million in an initial public offering, although the deal size is likely just a placeholder. We estimate the company could raise $200 million or more. The Oklahoma City, OK-based company, which was...read more