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.
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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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
