Market Overview

Midstates Petroleum reveals IPO terms

Share:

Midstates Petroleum Company is looking to raise $408 mn in capital through an offer of 24 mn shares priced $16 to $18. Twenty-five percent of the shares are coming from insiders. At the mid-point of the range, the energy company would attain a valuation of $1.1 bn. Midstates Petroleum is planning to list on NYSE and trade under the symbol MPO. The lead underwriters are GS)" href="http://www.insideipo.com/tag/goldman-sachs">Goldman Sachs, MS)" href="http://www.insideipo.com/tag/morgan-stanely">Morgan Stanley and Wells Fargo Securities.

Click here for FREE email alerts from Inside IPO >>

Source: Renaissance Capital



The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: IPOMarkets Trading Ideas

 

Related Articles (GS + MS)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Hawaiian Telcom Announces Successful Execution of $300M Debt Refinancing

A History on Financial Crashes and Bubble Bursts: Part 2