Provider: Zacks Investment Research Inc.
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Phillips 66 Partners LP Completes Initial Public Offering-Form 8-K
Phillips 66 Partners LP reported in its Form 8-K that on July 26, 2013, Phillips 66 Partners LP (Partnership) completed its Initial Public Offering (IPO) of 18,888,750 common units representing limited partner interests in the Partnership, which included 2,463,750 Common Units pursuant to the underwriters’ option to purchase additional Common Units, at $23.00 per Common Unit pursuant to a Registration Statement on Form S-1, as amended, initially filed by the Partnership with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, on March 27, 2013. The material provisions of the Offering are described in the prospectus, dated July 22, 2013, filed with the Commission on July 24, 2013, pursuant to Rule 424(b) under the Securities Act.
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