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Nitrogen fertilizer producer CVR Partners, LP files for $200 million IPO

December 20, 2010
UAN

CVR Partners, LP, a partnership formed by CVR Energy that utilizes petroleum coke to produce nitrogen fertilizer, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The Sugar Land, TX-based company, which was founded in 2007 and booked $180 million in sales for the 12 months ended September 30, plans to list on the NYSE under the symbol UAN. Morgan Stanley and Barclays Capital are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.