Tallgrass Energy GP, LP (TEGP) IPO Opens 7% Higher
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Tallgrass Energy GP, LP Prices Initial Public Offering
May 6, 2015 5:11 PM EDTLEAWOOD, Kan.--(BUSINESS WIRE)-- Tallgrass Energy GP, LP (Tallgrass) today announced the pricing of its initial public offering of 41,500,000 Class A shares representing limited partner interests at the public offering price of $29.00 per share. The Class A shares are scheduled to begin trading tomorrow on the New York Stock Exchange under the symbol TEGP. Tallgrass has granted the underwriters an option to purchase up to an additional 6,225,000 Class A shares from Tallgrass at the initial public offering price. The offering is expected to close on May 12, 2015, subject to customary closing conditions.
After the offering, TEGP will own membership... More
