Return to search

CDM Resource Sets IPO Terms

CDM Resource Partners LP, a Houston, Texas-based provider of turnkey natural gas contract compression services, has set its IPO terms to seven million common units being offered at between $19 and $21 per unit. It plans to trade on the NYSE under ticker symbol CDP, with Lehman Brothers and Merrill Lynch serving as co-lead underwriters. CDM is owned by management and Carlyle/Riverstone Global Energy & Power Fund II.