June 18 Shell Midstream Partners LP, a master
limited partnership formed by Royal Dutch Shell Plc,
filed with U.S. regulators on Wednesday to raise up to $750
million in an initial public offering of common units.
Barclays and Citigroup are underwriting the IPO, the
Houston, Texas-based company said in a preliminary prospectus
filed with the U.S Securities and Exchange Commission. (bit.ly/1iG7z6c)
The amount of money a company says it plans to raise in its
first IPO filing is used to calculate registration fees. The
final size of the IPO could be different.
(Reporting by Amrutha Gayathri in Bangalore; Editing by