KNOT Offshore Partners LP, a recently formed LP which will own, operate and acquire shuttle tankers under long-term charters, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
The Aberdeen, United Kingdom-based company, which was formed in 2013 and booked $66 million in revenues for 2012 fiscal year, plans to list on the NYSE under the symbol KNOP. BofA Merrill Lynch and Citi are the joint bookrunners on the deal. No pricing terms were disclosed.
