Noble Midstream Partners LP Commences IPO - Quick Facts

(RTTNews) - Noble Midstream Partners LP (NBL) announced it has commenced initial public offering of 12.5 million common units representing limited partner interests in Noble Midstream, at an anticipated initial public offering price between $19.00 and $21.00 per common unit, pursuant to a registration statement on Form S-1 filed with the U.S. SEC. The common units of Noble Midstream are expected to trade on the NYSE under the ticker symbol, NBLX.

The common units being offered to the public represent an approximate 39.3% limited partner interest in Noble Midstream, or an approximate 45.2% limited partner interest if the underwriters exercise, in full, their option to purchase additional common units. Noble Energy, Inc. and certain of its subsidiaries will own the remaining limited partner interest in Noble Midstream.