Midstates IPO below price range

Houston-based Midstates Petroleum Company has priced its initial public offering of 24 million shares at $13 apiece, a price which reports say is significantly below its intended price range.

Midstates: The Houston-based company expects to close its offer on 25 April.
Midstates: The Houston-based company expects to close its offer on 25 April.
Published 20 April 2012, 04:42Updated 11 October 2016, 07:17
Americas