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Northern Tier Energy files for a $200 million IPO

December 13, 2011
NTI

Northern Tier Energy, an independent oil refiner and retailer in the PADD II region of the US, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The Ridgefield, CT-based company, which was founded in 2010 and booked $4.2 billion in sales for the 12 months ended September 30, 2011, plans to list on the NYSE under the symbol NTI. Goldman, Sachs & Co., BofA Merrill Lynch, Deutsche Bank Securities, J.P. Morgan and Macquarie Capital are the lead underwriters on the deal. No pricing terms were disclosed.