Credit: Shutterstock photoPBF Logistics, an MLP formed by PBF Energy to operate oil and refined petroleum logistics assets, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The Parsippany, NJ-based company, which booked $51 million in pro forma sales for the fiscal year ended December 31, 2013, plans to list on the NYSE under the symbol PBFX. PBF Logistics initially filed confidentially on August 1, 2013. Barclays and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
