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World Point Terminals prices IPO at $20, within the range

August 8, 2013
WPT

World Point Terminals, LP, an Apex-backed limited partnership that provides refined and crude oil storage, raised $175 million by offering 8.8 million units at $20, within the range of $19 to $21. World Point Terminals, LP plans to list on the NYSE under the symbol WPT. World Point Terminals, LP initially filed confidentially on 5/6/2013. BofA Merrill Lynch, Credit Suisse, Citi and Stifel acted as lead managers on the deal.