SandRidge Mississippian Trust I - 2011-01-06

Description

Plans to raise as much as $250 million in an initial public offering of its common units on the New York Stock Exchange as SDT. The underwriters will have an option to purchase an additional $37.5 million in common units. SandRidge plans to use the net proceeds to pay debt and for general corporate purposes. Raymond James & Associates Inc. and Morgan Stanley & Co. Inc. are lead book-running managers.

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Estimated Price
$250.0MM
Financing Type
Report Date