EQT GP Holdings LP, which owns GP and LP interests in midstream energy MLP EQT Midstream Partners, raised $621 million in an upsized IPO by offering 23 million shares at $27, above the range of $21 to $24. The company originally planned to offer 20 million shares.
EQT GP Holdings LP plans to list on the NYSE under the symbol EQGP. Barclays, Goldman Sachs, BofA Merrill Lynch, Citi, Credit Suisse, Deutsche Bank, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities acted as lead managers on the deal.