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Black Stone Minerals LP prices IPO at $19, the low end of the range

April 30, 2015
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Black Stone Minerals LP, one of the largest owners of oil and natural gas mineral interests in the US, raised $428 million by offering 22.5 million shares at $19, at the low end of the range of $19 to $21. Black Stone Minerals LP plans to list on the NYSE under the symbol BSM. Black Stone Minerals LP initially filed confidentially on 10/8/2014. Barclays, BofA Merrill Lynch, Citi, Credit Suisse and Wells Fargo Securities acted as lead managers on the deal.