Golar LNG Partners LP, formed by Golar LNG Limited (NASDAQ: GLNG) to own floating storage and regasification units and LNG carriers, filed and announced terms for its IPO on Wednesday. The company plans to raise $252 million by offering 12 million units at a price range of $20 to $22. At the mid-point of the proposed range, Golar LNG Partners LP will command a market value of $821 million. Golar LNG Partners LP, which was formed in 2007 and booked $153 million in pro forma sales last year, plans to list on the NASDAQ under the symbol GMLP. Citi, BofA Merrill Lynch and Morgan Stanley are the lead underwriters on the deal, which is expected to price next week.
