SunCoke Energy (SXCP) IPO Opens Flat

January 18, 2013 9:40 AM UTC
The IPO for SunCoke Energy Partners, L.P. (NYSE: SXCP) opened for trading at $19, after pricing 13,500,000 common units at $19, the low end of the $19-$21 range.

Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering. Evercore Group L.L.C., Goldman, Sachs & Co., RBC Capital Markets, LLC and UBS Securities are acting as co-managers for the offering.

SunCoke Energy Partners, L.P. is a wholly owned subsidiary of SunCoke Energy, Inc. (NYSE: SXC).


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