Hess Midstream Partners LP sets IPO pricing terms

Hess Midstream Partners LP has set its IPO pricing terms of 12.5 million shares at between $19 and $21 per share. The company plans on trading the stock on the New York Stock Exchange under the ticker symbol "HESM." Goldman Sachs, Morgan Stanley, Citigroup, J.P. Morgan, MUFG and Wells Fargo Securities are serving as the lead underwriters. Hess Midstream Partners is a master limited partnership formed by Hess Corporation and Global Infrastructure Partners to own, operate, develop and acquire midstream assets.

27 March 2017•4 mins read
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