Southcross Energy (SXE) Sees IPO Price of $19 - $21/Unit

October 22, 2012 4:52 PM EDT
Southcross Energy Partners, L.P. (NYSE: SXE) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The company plans to sell 9 million units and sees an IPO price of $19 to $21 per unit. Southcross plans to list on the New York Stock Exchange under the ticker "SXE."

The offering is being made through Citigroup, Wells Fargo Securities, Barclays, J.P. Morgan, RBC Capital Markets, Raymond James, Baird, Stifel Nicolaus Weisel, and SunTrust Robinson Humphrey.

Southcross Energy is a growth-oriented limited partnership that was formed by members of our management team and Charlesbank to own, operate, develop and acquire midstream energy assets.

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