Exmar files for IPO with US SEC
Exmar of Belgium filed a registration statement on Form F-1 with the U.S. SEC for the initial public offering of common units in the U.S. representing limited partner interests of Exmar Energy Partners LP (MLP).
The number of common units to be offered and the price range for the offering have not yet been determined. Application will be made to list the common units of the MLP on the New York Stock Exchange under the symbol XMLP, Exmar said in a statement on Thursday.
Upon completion of the offering, the MLP is expected to own a 50% equity interest in joint ventures that own and operate four LNG regasification vessels and one LNG carrier.
J.P. Morgan, BofA Merrill Lynch and Citigroup are acting as joint book-running managers for the proposed offering.
Press Release, September 25, 2014; Image: Exmar