BP Midstream Partners LP

BP Midstream Partners LP, a subsidiary of BP Plc, priced its IPO of 42,500,000 common units representing limited partner interests at $18.00 per common unit. The underwriters of the offering have a 30-day option to purchase up to an additional 6,375,000 common units from BP Midstream Partners.

BP Midstream Partners' IPO was priced below the expected range of $19 to $21, raising about $765 million.