CVR Energy Ups IPO Target

CVR Energy Inc., a Sugar Land, Texas-based producer of ammonia and urea-ammonia nitrate, has raised its IPO target from $300 million to $375 million. It also said that it plans to offer 15.5 million shares, but did not specify a price range. Shareholders include Goldman Sachs and Kelso & Co., while Goldman and Deutsche Bank are serving as co-lead underwriters.