{"id":255,"date":"2015-02-06T08:50:51","date_gmt":"2015-02-06T13:50:51","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=255"},"modified":"2015-02-06T08:52:38","modified_gmt":"2015-02-06T13:52:38","slug":"ipoboutique-brief-2-6-2015-billion-dollar-pipeline-raise","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipoboutique-brief-2-6-2015-billion-dollar-pipeline-raise\/","title":{"rendered":"IPOBoutique Brief &#8211; 2.6.2015 &#8211; Billion Dollar Pipeline Raise"},"content":{"rendered":"<p>The week started with 11 deals &#8220;scheduled&#8221; to come to market with only three pricing and coming to market.\u00a0 We won&#8217;t focus on the eight deals that failed to price&#8230;but we will look at one of the deals that is making its debut today, <strong><a href=\"https:\/\/www.ipoboutique.com\/cgi\/info\/ColumbiaPipelinePartners-CPPL\" target=\"_blank\">Columbia Pipeline Partners (NYSE: CPPL)<\/a><\/strong>.<\/p>\n<p>Columbia Pipeline Partners, the midstream affiliate of <strong>NiSource (NYSE: NI)<\/strong>, raised just under $1.1bn from an IPO.\u00a0 The deal saw strong demand evidence by the IPO being up-sized from 40 million shares to 46.8 million shares as well as the above range pricing.<\/p>\n<p>If and when the underwriters exercise the over-allotment option, the IPO will then be boosted to a $1.24 billion which beats <strong>Antero Midstream Partners (NYSE:AM)<\/strong> as the largest MLP on record.\u00a0 In terms of yield comparison, Columbia&#8217;s MLP will pay a 2.9% yield as compared to the yield of 2.72% of &#8216;AM&#8217;.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week started with 11 deals &#8220;scheduled&#8221; to come to market with only three pricing and coming to market.\u00a0 We won&#8217;t focus on the eight deals that failed to price&#8230;but we will look at one of the deals that is making its debut today, Columbia Pipeline Partners (NYSE: CPPL). Columbia Pipeline Partners, the midstream affiliate[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[105,61,104],"class_list":["post-255","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-am","tag-cppl","tag-ni"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":3,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"predecessor-version":[{"id":258,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/255\/revisions\/258"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}