Hess Midstream LP

Description

Priced an underwritten public offering of 7.5 million Class A shares representing limited partner interests by a subsidiary of Hess Corp. and an affiliate of Global Infrastructure Partners, at a public offering price of $26 per share. The offering was upsized from the previously announced 6 million shares. The selling shareholders also have granted a 30-day option to purchase up to roughly 1.1 million additional shares at the public offering price less underwriting discounts and commissions. Hess Midstream will not receive any proceeds from the sale of shares in the offering.

Click here to go back to the search page
Companies
Estimated Price
$195.0MM
Financing Type
Report Date