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Rentech Nitrogen prices IPO at $20, midpoint of the range

November 3, 2011
RNF

Rentech Nitrogen Partners, L.P., a spin-off of clean energy firm Rentech's nitrogen fertilizer business, raised $300 million by offering 15 million shares at $20, the midpoint of the $19-$21 range. Rentech Nitrogen Partners, L.P. plans to list on the NYSE under the symbol RNF. Morgan Stanley, Credit Suisse acted as lead managers on the deal.