Maxum Energy (MXLP) Files $230M IPO

Maxum Energy Logistics Partners, LP (NYSE: MXLP) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Units. The proposed maximum offering price is $230 million. Maxum Energy plans to list on the New York Stock exchange under the ticker "MXLP."

The offering is being made through BofA Merrill Lynch and J.P. Morgan.

Mexum is a U.S. independent marketer and distributor of refined petroleum products and related services to the drilling, exploration and production and coal mining industries.

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