Kimbell Royalty Partners LP (KRP) Announces 3.75M Unit Offering
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Kimbell Royalty Partners, LP Announces Public Offering of Common Units
November 9, 2021 4:06 PM ESTFORT WORTH, Texas, Nov. 9, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced that it has commenced an underwritten public offering of 3,750,000 common units representing limited partner interests, subject to market and other conditions. In connection with the offering, Kimbell intends to grant the underwriters an option to purchase up to 562,500 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 purchase price for the pending... More
