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One IPO planned for the week of Jul 11

July 11, 2011

The following IPOs are expected to price this week:

Oiltanking Partners L.P. (OILT), which provides terminaling, storage and transportation of oil and gas, 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 $794 million. Oiltanking Partners L.P., which was founded in 2011, booked $119 million in sales over the last 12 months. The Houston, TX-based company plans to list on the NYSE under the symbol OILT. Citi, Barclays Capital, and J.P. Morgan are the lead underwriters on the deal.