initial public offerings (IPOs) trading on American exchanges
Showing posts with label Oiltanking (OILT). Show all posts
Showing posts with label Oiltanking (OILT). Show all posts

Thursday, July 14, 2011

Oiltanking IPO raises $231M



Oiltanking Partners LP raised about $231.2 million in net proceeds from its initial public offering.

The Houston-based company’s units debuted on the New York Stock Exchange July 14 under the ticker OILT.

All 11.5 million units were sold at $21.50 per unit.

Oiltanking said the public owns a 29 percent limited partner interest in the oil terminal and storage company following the offering.