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July 27, 2014  11 pmThe coming week will likely see 3 partnerships pricing and beginning to trade.Westlake Chemical Partners is a new MLP that will come public later this coming week.  The partnership is a ethylene producer with 3 production facilities in this offering.  Pricing will be between $19-$21 and the minimum required quarterly distribution will provide a 5.5% yield (at…

July 27, 2014   11 pmVTTI Energy Partners LP will come to market late this week with an offering which will own crude oil and refined product terminals around the world.The issue is slated to be brought at a price of $19-$21 with an initial minimum distribution of .2625/unit equaling a likely initial distribution of 5.25% (at $20/unit).We have not done…

July 27, 2014   11 pmTransocean LTD is spinning off some of their interest in a portion (only 3 deepwater rigs are included in this LLC at this time) of their deepwater oil and gas drilling rigs in an offering of 17,500,000 units this coming week.  Units are estimated to price on Wednesday (7/30) and begin trading on Thursday (7/31).…