Rice Midstream Partners LP, a formed by Rice Energy to own natural gas midstream assets in the Marcellus Shale, filed on Thursday with the SEC to raise up to $425 million in an initial public offering.
The Canonsburg, PA-based company, which was founded in 2014 and booked $39 million in pro forma sales for the 12 months ended June 30, 2014, plans to list on the NYSE under the symbol RMP. Rice Midstream Partners LP initially filed confidentially on October 3, 2014. Barclays is the sole bookrunner on the deal. No pricing terms were disclosed.
