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Inergy Midstream, L.P. (NRGM) IPO Trades Flat

December 16, 2011 11:58 AM EST
Today's IPO for Inergy Midstream, L.P., (Nasdaq: NRGM) is trading flat. Shares are trading at $17.05 after pricing 16,000,000 common units representing limited partner interests at $17.00 per common unit.

Morgan Stanley, Barclays Capital, BofA Merrill Lynch, Credit Suisse Securities (USA) LLC and Wells Fargo Securities are acting as joint book-running managers for the offering.

Inergy Midstream, L.P., with headquarters in Kansas City, Missouri, is a master limited partnership engaged in the development and operation of natural gas and NGL storage and transportation assets. Our assets are located in the Northeast region of the United States.


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