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VTTI Energy Partners LP Prices Initial Public Offering At $21 Per Common Unit

ROTTERDAM, Netherlands, LONDON and NEW YORK, July 31, 2014 /PRNewswire/ -- VTTI Energy Partners LP ("VTTI") today announced the pricing of its initial public offering of 17,500,000 common units representing limited partner interests at $21.00 per common unit.  The common units are being sold by VTTI MLP Partners B.V. (the "Selling Unitholder").  The Selling Unitholder, has granted the underwriters an option to purchase up to an additional 2,625,000 common units at the initial public offering price. The common units are expected to begin trading on the New York Stock Exchange on August 1, 2014 under the ticker symbol "VTTI." The offering is expected to close on August 6, 2014, subject to customary closing conditions.

Upon the consummation of the offering, the public will own an approximate 42.6% limited partner interest in VTTI (or an approximate 49.0% limited partner interest if the underwriters exercise in full their option to purchase additional common units).  The Selling Unitholder will own the remaining approximate 55.4% limited partner interest in VTTI (or an approximate 49.0% limited partner interest if the underwriters exercise in full their option to purchase additional common units) and the general partner of VTTI.

Citigroup, J.P. Morgan, BofA Merrill Lynch, Credit Suisse, Deutsche Bank Securities, and Wells Fargo Securities are acting as joint book-running managers for the offering, and Rabobank, MUFG, BNP Paribas, HSBC, Societe Generale, SMBC Nikko, Credit Agricole CIB, and ING are acting as co-managers for the offering.  The offering of these securities is being made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.  When available, a copy of the final prospectus may be obtained from:


c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, NY 11717



J.P. Morgan

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, NY 11717


BofA Merrill Lynch

Attention: Prospectus Department

222 Broadway

New York, NY 10038

[email protected]


Credit Suisse Securities (USA) LLC

Attention: Prospectus Department

Eleven Madison Avenue

New York, NY 10010



Deutsche Bank Securities

Attention: Prospectus Department

60 Wall Street

New York, NY 10005-2836



Wells Fargo Securities

Attention: Equity Syndicate Dept

375 Park Avenue

New York, NY 10152


[email protected]

When available, to obtain a copy of the final prospectus free of charge, visit the SEC's website at

A registration statement relating to these securities has been filed with and declared effective by the SEC. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About VTTI Energy Partners LP

VTTI Energy Partners LP is a limited partnership formed in April 2014 by VTTI B.V. to own, operate, develop and acquire refined petroleum product and crude oil terminaling and related energy infrastructure assets on a global scale.  

Forward looking statements
This press release may include forward-looking statements. These forward-looking statements involve risks and uncertainties. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in VTTI's prospectus and SEC filings. VTTI undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

SOURCE VTTI Energy Partners LP

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