BP Midstream Partners LP Closes Initial Public Offering
Vinson & Elkins advised BP Midstream Partners LP in connection with its initial public offering of 42,500,000 common units representing limited partner interests at $18.00 per common unit.
The offering closed on October 30, 2017.
BP Midstream Partners LP is a fee-based, growth-oriented
master limited partnership recently formed by BP Pipelines, an indirect wholly
owned subsidiary of BP, to own, operate, develop and acquire pipelines and
other midstream assets.
The V&E corporate team was led by partners
Dave Oelman and Sarah Morgan, with assistance from senior associate James Brown
and associates Jessica Lewis and Sean Roberts. Also advising was partner Ryan