PennTex Midstream Partners LP, an MLP backed by Natural Gas Partners with midstream assets contracted to Memorial Resource, raised $225 million by offering 11.3 million shares at $20, the midpoint of the $19-$21 range. PennTex Midstream Partners LP plans to list on the NASDAQ under the symbol PTXP. Citi, Barclays, RBC Capital Markets, Wells Fargo Securities, Deutsche Bank, J.P. Morgan, SunTrust Robinson Humphrey and Tudor, Pickering, Holt & Co. acted as lead managers on the deal.
