EP Energy priced its first public offering at $20 per share and planned to sell more than 35 million units to the public and gave underwriters the option to buy more than 5 million additional shares. All told, the sale could raise almost $810 million gross ($765 million net).
EP was the upstream division of energy conglomerate El Paso, which was taken private by a consortium of buyers led by Apollo Global Management in a $7.15
