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USDP News

US IPO Pricing Recap: Mixed returns among week's 7 IPOs despite market selloff

7 IPOs collectively raised just over $1 billion in a volatile week for stocks. The IPO market has seen 223 deals year-to-date, surpassing 2014's full-year post-bubble record of 222 (post to Twitter). Marketing SaaS provider...read more

USD Partners LP prices IPO below the range at $17

USD Partners LP, an MLP that owns a crude oil rail terminal in Hardisty, Canada, raised $155 million by offering 9.1 million shares at $17, below the range of $19 to $21. USD Partners LP plans to list on the NYSE under the symbol USDP. USD Partners LP...read more

8 US IPOs planned for the week of October 6, including hot tech, global finance and a restaurant/arcade

Eight initial public offerings are expected to raise $1.3 billion during the week of October 6, 2014, representing a well-rounded group of tech, finance, health care, consumer, and energy IPOs. After uninspiring performance from ...read more

Oil by rail: USD Partners LP sets terms for $177 million IPO

USD Partners LP, an MLP spun out of US Development Group to own oil and gas rail terminals, announced terms for its IPO on Tuesday. The Houston, TX-based company plans to raise $177 million by offering 8.9 million shares at a price range of $19 to $21. At the...read more