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Kimbell Royalty Partners, LP Announces Pricing of Upsized Public Offering of Common Units
KRPKimbell Royalty Partners(KRP) Prnewswire·2025-01-08 02:15

FORT WORTH, Texas, Jan. 7, 2025 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell") today announced the pricing of its upsized public offering of 10,000,000 common units representing limited partner interests, at a public offering price of 14.90percommonunit.Thetotalgrossproceedsoftheoffering,beforeunderwritersdiscountsandestimatedofferingexpenses,willbeapproximately14.90 per common unit. The total gross proceeds of the offering, before underwriters' discounts and estimated offering expenses, will be approximately 149.0 million. Kimbell has granted the underwriters an option to purchase up to 1,500,000 additional c ...