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Rockies-Focused QEP Midstream Launches IPO
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QEP Midstream Partners LP has commenced an initial public offering of 20,000,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (SEC).
QEP Midstream Partners, LP is a master limited partnership formed by QEP Resources, Inc. to own, operate, acquire and develop midstream assets. We provide midstream gathering services to QEP and third-party companies in the Green River, Uinta and Williston basins.
The underwriters will be granted a 30-day option to purchase up to an additional 3,000,000 common units. The common units of QEPM will be listed on the New York Stock Exchange under the symbol "QEPM."
The common units being offered to the public represent a 36.7% limited…
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