Oiltanking Partners L.P., which provides terminaling, storage and transportation of oil and gas, announced terms for its IPO on Tuesday. The Houston, TX-based company plans to raise $200 million by offering 10 million shares at a price range of $19 to $21. At the mid-point of the proposed range, Oiltanking Partners L.P. will command a market value of $778 million. Oiltanking Partners L.P., which was founded in 2011, plans to list on the NYSE under the symbol OILT. Citi, Barclays Capital, and J.P. Morgan are the lead underwriters on the deal, which is expected to price July 13.
