PetroLogistics LP IPO Info
Company Name: PetroLogistics LP
Stock Symbol: PDH
Exchange: NYSE
Status: Priced
IPO Date: 5/4/2012
IPO Price:
17.00 (
-20.35%)
Underwriters
Morgan Stanley, Citi, UBS Investment Bank, Wells Fargo Securities Societe Generale, Stifel Nicolaus Weisel
Amount of Offering: N/A
Number of Shares Offered: 35 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
PetroLogistics LP owns and operates the world's largest propane dehydrogenation facility, based on production capacity, that processes propane into propylene. Propylene is one of the basic building blocks for petrochemicals that is utilized in the production of a variety of end uses including paints, coatings, building materials, clothing, automotive parts, packaging and a range of other consumer and industrial products.
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