Keane Group NYSE IPO

Overview:

• Integrated well completion services company the Keane Group has completed a $584.7 million IPO on the NYSE.
• The proceeds are being used to refinance existing debt and for general corporate purposes.
• This rare IPO comes during a particularly active period for deals in the oil and gas industry.
• Citigroup, Bank of America Merrill Lynch, JPMorgan and Morgan Stanley acted as joint bookrunners.

Kurt Stumpo - Journalist