Hi-Crush Partners, which produces frac sand used in recovering hydrocarbons from oil and natural gas wells, priced its 11.25 million share IPO at $17, below the $19-$21 range. Based on the company's minimum annualized distributions/share of $1.90, it offers an 11.2% yield. Barclays, Morgan Stanley, Credit Suisse and UBS were the bookrunners on the deal.
