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Oiltanking Partners L.P. files for $200 million IPO

March 31, 2011

Oiltanking Partners L.P., which provides terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas, filed on Thursday with the SEC to raise up to $200 million in an initial public offering. The Houston, TX-based company, which was founded in 2011 and booked $116 million in sales last year, plans to list on the NYSE under the symbol OTLP. Citi is the lead underwriter on the deal. No pricing terms were disclosed.