PAA Natural Gas Storage L.P., an L.P. formed by Plains All American to own and operate natural gas storage facilities, raised $252 million by offering 11.7 million units at $21.50. The company had originally planned to sell 10 million units at $19-$21. PAA Natural Gas Storage L.P. plans to list on the NYSE under the symbol PNG. Barclays Capital, UBS Investment Bank, Citi and Wells Fargo acted as bookrunners on the deal.
