Kimbell Royalty Partners, LP (KRP) Announces Proposed 5M Unit Common Offering
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Kimbell Royalty Partners, LP Announces Public Offering of Common Units
January 9, 2020 4:15 PM ESTFORT WORTH, Texas, Jan. 9, 2020 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced that it has commenced an underwritten public offering of 5,000,000 common units representing limited partner interests, subject to market and other conditions. In connection with the offering, certain selling unitholders of Kimbell intend to grant the underwriters an option to purchase up to 750,000 additional common units at the public offering price less the underwriting discount and commissions.
Kimbell intends to use the net proceeds from the offering to fund a portion of the cash... More
