The deal size was increased to 10M shares of common stock from 9M shares of common stock and priced within the $14.75-$15.25 range. Citi, JPMorgan and RBC Capital acted as joint book running managers for the offering.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KRP:
- Kimbell Royalty Partners Boosts Portfolio with Major Acquisition
- Kimbell Royalty Partners 9M share Spot Secondary; price range $14.75-$15.25
- Kimbell Royalty Partners announces offering of 9M common units
- Kimbell Royalty Partners announces $231M Midland Basin acquisition
- Seeking Up to 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy