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Plains GP Holdings, LP Commences 128M Share IPO at $22.00-$25.00/Share

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Plains GP Holdings, L.P. (NYSE: PAGP) today announced the
commencement of its initial public offering of 128,000,000 Class A
shares representing limited partner interests, at an anticipated initial…

Plains GP Holdings, L.P. (NYSE: PAGP) today announced the
commencement of its initial public offering of 128,000,000 Class A
shares representing limited partner interests, at an anticipated initial
public offering price of between $22.00 and $25.00 per share, pursuant
to a registration statement on Form S-1 previously filed with the U.S.
Securities and Exchange Commission (the “SEC”). The Partnership expects
to grant the underwriters a 30-day option to purchase up to an
additional 19,200,000 Class A shares. The Partnership has been approved
to list its Class A shares on the New York Stock Exchange (NYSE) under
the symbol “PAGP,” subject to official notice of issuance.

Barclays, Goldman, Sachs & Co., J.P. Morgan, BofA Merrill Lynch,

See full press release

Posted-In: News Guidance Contracts Asset Sales Management M&A IPOs Global

 

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