The deal range was $13.05-$13.45. Morgan Stanley acted as sole book running manager for the offering.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MNR:
- Closing Bell Movers: Health insurers rise on higher Medicare rate hike
- Mach Natural Resources 9M share Spot Secondary; price range $13.05-$13.45
- Mach Natural Resources announces offering of 9M common units for holders
- Balanced Risk/Reward Keeps Mach Natural Resources at Hold as Valuation Reflects Distressed-Asset MLP Upside
- Mach Natural Resources initiated with a Hold at Truist
